In which of the following market structure is the degree of control over the price of its product by a firm very large? Options: A . &nbspImperfect competition B . &nbspPerfect competition C . &nbspMonopoly D . &nbspIn A and B both

In which of the following market structure is the degree of control over the pri

Question

In which of the following market structure is the degree of control over the price of its product by a firm very large?

Options:

A . Imperfect competition

B . Perfect competition

C . Monopoly

D . In A and B both

Answer: Option C

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