Excess capacity is not found under _______

CA Foundation · Business Economics · RTP · May 2025
Excess capacity is not found under _______
(A) A. Monopoly
(B) B. Monopolistic competition
(C) C. Perfect competition.
(D) D. Oligopoly

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Perfect competition.

Topics: Price Determination in Different Markets

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