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What is Duopoly? Give an example.

+2 votes

asked Oct 28, 2018 in Class 12 by kratos

What is Duopoly? Give an example.

class-12
non competitive markets
imperfect competitive markets

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1 Answer

+5 votes

answered Apr 2, 2020 by kratos

Best answer

Duopoly is the market situation where there are only two sellers or firms in the market. Example – Private firm and public firm.

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