Multiple Choice Questions on One characteristic not typical of Oligopolistic industry is its ........ for SEBI Grade A ( Officer) Exam Preparation

Demand and Supply , Market Structures

Economics- Phase (I & II)

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Indian Economy - Understanding the basics of Indian economic system

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    One characteristic not typical of Oligopolistic industry is its:

    Horizontal demand curve.

    Correct Answer

    Too much importance to non-price competition.

    Incorrect Answer

    Price leadership.

    Incorrect Answer

    A small number of firms in the industry.

    Incorrect Answer
    Explanation:

    Horizontal demand curve.


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