Match List-I with List-II
| List-I (Term) | List-II (Definition) |
|---|---|
| (A) Oligopoly | (IV) A market consisting of more than one (but few) sellers |
| (B) Marginal Cost | (III) Change in total cost per unit of change in output |
| (C) Duopoly | (II) A market with just two firms |
| (D) Cost function | (I) For every level of output, it shows the minimum cost for the firm |