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This question belongs to Management Managerial Economics
Managerial Economics
?

Match the following.
List-I (Market Structure) List-II (Price Elasticity of Demand)
a. Perfect Competition 1. Very small
b. Monopolistic Competition 2. Small
c. Oligopoly 3. Large
d. Monopoly 4. Infinite

Answer & Solution
Correct Answer: Option B
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