The Concept of Price rigidity in Sweezy's Model is related to which market form:

CA Foundation · Business Economics · MTP · January 2026
The Concept of Price rigidity in Sweezy's Model is related to which market form:
(A) A. Oligopoly market
(B) B. Perfect competition market
(C) C. Monopoly market
(D) D. Monopolistic market

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Oligopoly market

Topics: Price Determination in Different Markets

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