Match List-I with List-II and select the correct answer using the code given below the Lists:

List - I

(Market structure)

List - II

(Characteristics)

A. Perfect competition 1. Only one producer selling one commodity
B. Monopoly 2. Few producers selling similar or almost similar products
C. Monopolistic competition 3. Many producers selling differentiated products
D. Oligopoly 4. Many producers selling similar products

Code:

1
A-4, B-3, C-1, D-2
2
A-4, B-1, C-3, D-2
3
A-2, B-1, C-3, D-4
4
A-2, B-3, C-1, D-4

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