Government needs to take steps to regulate and prevent formation of certain market forms that are exploitative and create undesirable outcomes in…

CA Foundation · Business Economics · PYQS · May 2026
Government needs to take steps to regulate and prevent formation of certain market forms that are exploitative and create undesirable outcomes in the economy. The market form is:
(A) A. Perfect competition
(B) B. Monopoly
(C) C. Oligopolistic competition
(D) D. Monopolistic competition

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Monopoly

Topics: Public Finance

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