Please any one can clear my doubt regarding the correct option a or b

Question

Mohit · Answer

Yes 👍

Mohit · Answer

Aarav bhai jo apka explanation hai agar aap oligopoly ka characteristics dekhoge to usme hai ki oligopoly me "Group Behaviour" hai to uske hisab se to firm aapas me price competition to nhi kar sakti vo bas high selling cost ke through hi competition kar sakti hai

Bhumika · Answer

Got it..!

Mohit · Answer

A option me bola hai ki jab price increase hoga tab consumer ka demand highly elastic hoga means consumer apni demand change karega aur jab price kam hoga tab consumer ka demand inelastic hoga means itna change nhi hoga isliye consumer ma response jab price increase hoga tab jyada hoga isliye ye ekdum sahi hai

Bhumika · Answer

Okay tyy so much 🥹

Bhumika · Answer

As per module it's b option but scanner and Google says option a is right

Bhumika · Answer

I m very confused between the 2 options can u please tell me thr correct one as per your thought process

ADITYA · Answer

You will surely get your answer..... It's just a difference of more and less, Must read this area again and you will never forget this even after your examinations

ADITYA · Answer

You have to understand the relationship between price and demand in Oligopoly market and it's effect

Please any one can clear my doubt regarding the correct option a or b

9 answers

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