Author Question: Which of the following is a characteristic of a monopoly? a. a large number of sellers b. ... (Read 22 times)

abc

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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

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Answer to Question 1

c

Answer to Question 2

False



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