Start learning →

Match product forms: 1. Pure: p. Same goods 2. Brand: q. Different 3. Single: r. Unique

A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Perfect competition sells identical goods, monopolistic competition sells differentiated products, and monopoly sells a unique product.
Practise this question with Quill — ICSE Class 10 →

Keep practising Markets and Theory of Supply

Browse all Markets and Theory of Supply questions for ICSE Class 10, or explore more Economics topics.

Start a Markets and Theory of Supply lesson →