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    Question

    Which of the following is/are an imperfect market?

    A Monopoly market Correct Answer Incorrect Answer
    B Monopolistic competition Correct Answer Incorrect Answer
    C Oligopoly market Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer

    Solution

    Monopoly, monopolistic competition, and oligopoly are all market structures that represent imperfect competition, where individual sellers have some control over the price.

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