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
This Question Belongs to Management >> Managerial Economics
Related Questions on Managerial Economics
The emphasis of managerial economics is on
A. Bonus theory
B. Normative theory
C. System theory
D. Accounting theory
Which is not the subject of Managerial Economics?
A. Accounting Theory
B. Pricing Decision, Policies and Practices
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D. Profit Management
Which is not covered under the scope of managerial economics?
A. Profit management
B. Accounting theory
C. Pricing policies
D. Production analysis
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