Author Question: Which of the following is a characteristic of a monopoly? a. a large number of sellers b. ... (Read 52 times)

abc

  • Hero Member
  • *****
  • Posts: 543
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
  • ****
  • Posts: 340
Answer to Question 1

c

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Your heart beats over 36 million times a year.

For a complete list of videos, visit our video library