Relevant Competitive Tests:
If there are many sellers and few buyers, the market situation is ______________________?
A. Duopsony
B. Oligopoly
C. OligopsonyCorrect Answer
D. Monopoly
Correct Option: C. Oligopsony
This question has been verified by the PakPrep community moderation network for competitive examination accuracy.
Subject Overview
Explore thousands of solved past paper MCQs for Civil Engineering Mcqs categorized with explanations.
Browse All Civil Engineering Mcqs MCQs →