This topic contains a solution. Click here to go to the answer
|
Author Question: A firm that is the only seller of a good or service that does not have a close substitute is called (Read 424 times) |
Did you know?
Vaccines prevent between 2.5 and 4 million deaths every year.
Did you know?
The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.
Did you know?
Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.
Did you know?
The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.
Did you know?
The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.