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Chapter 5. Forms of Market Q.3. Complete the Correlation Economics HSC Maharashtra board

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board

 

Chapter 5. Forms of Market

Q.3. Complete the Correlation:

1. Perfect competition : Free entry and exit :: Monopoly : Barriers to entry.

 

2. Price taker : Perfect competition :: Price maker :: Monopoly.

 

3. Single price : Perfect competition :: Discriminated prices : Monopoly.