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Q:

Bilateral monopoly situation is

A) when there are only two sellers of a product B) when there are only two buyers of a product
C) when there is only one buyer and one seller of a product D) when there are two buyers and two sellers of a product

Answer:   C) when there is only one buyer and one seller of a product



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
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