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a. Monopoly
b. Perfect competition
c. Monopolistic competition
d. Oligopoly
Option B is right answer i.e. Perfect condition
Follower ............................................
Perfect competition is the opposite of a monopoly, in which only a single firm supplies a particular good or service, and that firm can charge whatever price it wants because consumers have no alternatives and it is difficult for would-be competitors to enter the marketplace
The answer is : Option ( B )
I'm Go With Option " B " ....
Option (B) Perfect competition
Incase of monopoly revenue is equal to price
b. Perfect competition ................................................................
Marginal Rvenue is not monopoly so it comes under Perfect Competition.
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