FaithLynn5753 FaithLynn5753

13-08-2019
Business

contestada

Which of the following is a characteristic of a monopoly market?

single seller competition in the short run
numerous close substitutes for the product or service
minimal barriers to entry and exit

Respuesta :

sonyawest1980 sonyawest1980

13-08-2019

Answer:

single seller competition in the short run

Explanation:

because Monopoly is considered a product maximizer so it can't be minimal and it most definitely is not close substitute for their products and services

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