In _____ market goods are sold at uniform price.
Monopoly
Perfect competition
Oligopoly
Duopoly
In a monopoly, which of the following is not true?
Products are differentiated
There is freedom of entry and exit into the industry in the long run
The firm is a price maker
There is one main seller
A firm can fix independent price under - market
Pure competition
Imperfect competition
A monopolist will determine very ______ price for a commodity having inelastic demand.
High
Low
Normal
Constant
