Q:

Match the characteristics with their market structure:

(a) Expand out put until MC = MR

(b) Elasticity of demand depends on pricing policies of rivals 

• 1
  (a) Pure competition, (b) Pure Monopoly
• 2
  (a) Pure Monopoly, (b) Monopolistic competition
• 3
  (a) Pure competition, (b) Oligopoly
• 4
  (a) Monopolistic competition, (b) Oligopoly