40.Under monopoly, the monopolist sells: A. Homogeneous products B. Substitutes C. Complementary goods D. Differential products
Question
Solution 1
The answer is D. Differential products.
Here's why:
A monopoly is a market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.
A. Homogeneous produc Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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