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Author Question: What is a pure monopoly? What will be an ideal response?[br][br][b][color=gray]Question ... (Read 61 times)

fox

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on: Jun 29, 2018
What is a pure monopoly?
 
  What will be an ideal response?

Question 2

Investors in which two countries accounted for about 25 percent of all foreign purchases of U.S. stocks and bonds in 2015?
 
  A) Japan and the United Kingdom B) China and Canada
  C) Japan and China D) Canada and the Cayman Islands


kkenney

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A pure monopoly is an industry with a single firm that produces a product for which there are no close substitutes and in which significant barriers to entry prevent other firms from entering the industry to compete for profits.

Answer to Question 2

C


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