Q.
1

(A) Firm must have some monopoly power.

(B) Price elasticities of demand for the product in different market must differ

(C) Market must be separable or able to be segmented

(D) Free entry and exit of Firms

Choose the correct answer from the options given below:

  • A

    (A) and (D) only

  • B

    (B), (C) and (D) only

  • C

    (A), (C) and (D) only

  • D

    (A), (B) and (C) only