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Author Question: Which of the following is a characteristic of monopoly? (Read 21 times)

vicky

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on: May 24, 2019
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.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by vicky on May 24, 2019

Hdosisshsbshs

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Reply #1 on: May 24, 2019
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.
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vicky

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

mochi09

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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