Solved UPSC CDS/OTA Question
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Q · Market and Types of GoodsMedium · 45s
A firm that can influence the price in the market is a feature of:
TopicMarket and Types of Goods
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
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Only monopolists can influence the market price.
Final Answer: Option B - Monopoly