Independence Day Sale is liveGet up to 75% OFFGrab the offer
Market and Types of Goods · UPSC CDS/OTA · Question 17 of 66

Market and Types of Goods: Which of the following is NOT a characteristic of monopolistic competition?

Step-by-step solution. Market and Types of Goods for UPSC CDS/OTA.

Topic
Market and Types of Goods
Subject
General Studies
Difficulty
Medium
Solve Time
45-60 sec

Solved UPSC CDS/OTA Question

A solved UPSC CDS/OTA PYQ - decoded step-by-step.

Solve it the standard way once - then learn the shortcut.

Q · Market and Types of GoodsMedium · 45s

Which of the following is NOT a characteristic of monopolistic competition?

TopicMarket and Types of Goods
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

Monopolistic competition has many sellers.

Final Answer: Option B - Few sellers
Solve Question✦ Build Plan