This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a characteristic of monopoly? (Read 37 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
Which of the following is a characteristic of monopoly?
◦ The firm faces competition from many other firms.
◦ The firm produces a product that has many close substitutes.
◦ There are barriers to enter the market.
◦ The firm's demand is perfectly elastic.
◦ The firm produces a product identical to that produced by its many competitors.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by vicky on May 24, 2019

Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




vicky

  • Member
  • Posts: 586
Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review


EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Excellent

 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library