Output restriction, fixing of prices, creating obstacles to free entry into the market are features of?
a
pure monopoly
b
perfect monopoly
c
perfect competition
d
monopsonist competition
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Correct Option
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Akindele1659
10 years ago
Here is an explanation:
terms of trade= index of export price/index of import price*100= 70÷50*100=140. (d) 140%
