Q.
1

 

  • A

    Markets where the selling firms face perfect competitive situations.

     

  • B

    Markets where the selling firms want to gain popularity of the products having high cross elasticity of their demand.

     

  • C

    Markets where sellers rely on their customers’ high propensity to consume a prestigious commodity

     

  • D

    Markets where the selling firms have entered into the stages of maturity and saturation