A market structure with few buyers and many sellers is called _____?
Agriculture Officer Past Papers and Syllabus / All — Multiple-choice practice
وہ مارکیٹ جس میں خریدار کم اور بیچنے والے زیادہ ہوں اسے کیا کہتے ہیں؟
- A. Oligopoly
- B. None of these
- C. Oligopsony
- D. Monopoly
Correct answer
Oligopsony
Explanation
Explanation Oligopsony is a market with few buyers and many sellers . Buyers have strong control over prices. Sellers compete to sell to limited buyers. Additional information : Monopoly = one seller, many buyers Monopsony = one buyer, many sellers Oligopoly = few sellers, many buyers Last verified on 04-02-2026
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