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  • The term 'Price Rigidity' is a feature of
Multiple choice

The term 'Price Rigidity' is a feature of

  1. perfect competitive market

  2. monopoly

  3. oligopoly

  4. monopolistic competition

  5. imperfect competition

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

It is a situation in which a particular market is controlled by a small group of firms.

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