The market system in which there are only two buyers facing a large number of sellers is called :

(a) duopoly
(b) oligopoly
(c) monopsony
(d) duopsony

Anurag Mishra Professor Asked on 7th February 2016 in General Knowledge.
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1 Answer(s)

Answer: (c) monopsony 

Anurag Mishra Professor Answered on 7th February 2016.
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