Match the following.
List-I | List-II |
a. Monopoly | 1. Single buyer, Single seller |
b. Oligopoly | 2. Single seller, Many buyers |
c. Monopsony | 3. Single buyer, Many sellers |
d. Duopoly | 4. Few sellers, Many buyers |
e. Bilateral monopoly | 5. Two sellers, Many buyers |
A. a-1, b-2, c-3, d-4, e-5
B. a-1, b-3, c-5, d-2, e-4
C. a-2, b-4, c-3, d-5, e-1
D. a-2, b-4, c-1, d-3, e-5
Answer: Option C
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