A monopoly is a market that has _________________.a.no barriers to entryb.many substitutesc.many suppliersd.one supplier
Question
Solution 1
A monopoly is characterized by having one supplier. This means that in a monopoly market, a single firm or entity is the sole provider of a good or service. This lack of competition allows the monopolist to have significant control over the price and supply of the product, resulting in market po Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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