Ask Question
6 April, 19:48

Pure monopoly means:a. any market in which the demand curve to the firm is down-sloping. b. a standardized product being produced by many firms. c. a single firm producing a product for which there are no close substitutes. d. a large number of firms producing a differentiated product.

+3
Answers (1)
  1. 6 April, 23:26
    0
    A monopoly is when a single firm is producing a product for which there are no close substitutions.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Pure monopoly means:a. any market in which the demand curve to the firm is down-sloping. b. a standardized product being produced by many ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers