If the total production in an economy for a product is produced by a few big firms, then this
market is known as :
(a) Monopolistic Competition
(b) Oligopoly
(c) Duopoly
(d) Discriminating Monopoly
market is known as :
(a) Monopolistic Competition
(b) Oligopoly
(c) Duopoly
(d) Discriminating Monopoly