Advertisement is common in which of the following markets ?

Posted by MCQ LOG at 1:29 PM

Advertisement is common in which of the following markets ?

(i) Oligopoly
(ii) Perfect Competition
(iii) Monopolistic Competition
(iv) Monopoly

Choose from the codes below :

(1) (i) and (iii)
(2) (ii) and (iii)
(3) Only (i)
(4) Only (iii)


Answer - (1) (i) and (iii)