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Author Question: Which of the following is a characteristic of a monopoly? a. a large number of sellers b. ... (Read 50 times)

abc

  • Hero Member
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on: Jun 30, 2018
Which of the following is a characteristic of a monopoly?
 a. a large number of sellers
  b. homogeneous products
 c. large barriers to entry
 d. price taking firms

Question 2

Dutch Disease is associated with a dramatic decline in the demand for a primary commodity produced by a country.
 a. True
  b. False
  Indicate whether the statement is true or false


raenoj

  • Sr. Member
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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


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