Question

    Before blue dart and dtdc became prominent, Indian Post

    operated in what type of competition environment?
    A Pure competition Correct Answer Incorrect Answer
    B Monopoly Correct Answer Incorrect Answer
    C Oligopoly Correct Answer Incorrect Answer
    D Monopolistic competition Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Monopolistic competition means there are many sellers who compete with product substitutes.

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