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A bilateral monopoly is a market structure consisting of both a ______and a _____

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Question:

A bilateral monopoly is a market structure consisting of both a ______and a _____

A.

oligopoly and monopoly

B.

monopoly and monopsony

C.

oligopoly and perfect competition

D.

monopoly and perfect competition

Answer» b. monopoly and monopsony

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