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Column I Column II 1. Only one seller sells a product for which A. Perfect there are no close substitutes. Competition 2. Exists when many

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Column I Column II 1. Only one seller sells a product for which A. Perfect there are no close substitutes. Competition 2. Exists when many sellers offer similar but B. Oligopoly not standardized products. 3. A market structure dominated by a few C. Monopoly large and profitable firms. 4. A market with many well-informed buyers D. Monopolistic and sellers, identical products, and free Competition entry and exit

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