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________ is a market in which there are only a few large buyers for a product or service.

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Question:

________ is a market in which there are only a few large buyers for a product or service.

A.

monopsony

B.

oligopoly

C.

oligopsony

D.

monopoly

Answer» c. oligopsony

Note: The above multiple-choice question is for all general and Competitive Exams in India.