Match the characteristics with their market structure:_x005F_x000D_ (a) MC = Price(b) Firm will tend to set output so that it earns maximum profits.

(a) Pure Monopoly, ('Monopolistic Competition

('Pure Competition, (b) Pure Monopoly

(a) Oligopoly, (b) Monopolistic Competition

(a) Pure Competition, (b) Oligopoly

Match the characteristics with their market structure:_x005F_x000D_ (a

1.	Match the characteristics with their market structure:_x005F_x000D_ (a) MC = Price(b) Firm will tend to set output so that it earns maximum profits.
A.	('Pure Competition, (b) Pure Monopoly
B.	(a) Pure Monopoly, ('Monopolistic Competition
C.	(a) Oligopoly, (b) Monopolistic Competition
D.	(a) Pure Competition, (b) Oligopoly
Answer» B. (a) Pure Monopoly, ('Monopolistic Competition