What is an Oligopsony Market?

A market that has a lot of buyers.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

A market that has no buyers at all.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

A market that has only a few buyers.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

A market that has no sellers at all.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C A market that has only a few buyers.

Suggest Corrections

Similar questions

Which of the following markets is an oligopoly?

Which of the following is an example of an oligopoly market with homogeneous products?

Join BYJU'S Learning Program