A monopoly:
a. always makes a profit.
b. can force consumers to purchase what it is selling.
c. is characterized by a single seller who produces a well-defined product for which there are no good substitutes.
d. always has naturally created barriers. e. always has government-created barriers.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A monopoly: a. always makes a profit. b. can force consumers to purchase what it is selling. c. is characterized by a single seller who ...” 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
You Might be Interested in
What product cost is listed as both a prime cost and a conversion cost?
Answers (1)
Determine the difference in the present worth of the following two commodity contracts at an interest rate of 8% per year. Contract 1 has a cost of $10,000 in year 1; this cost will escalate at a rate of 4% per year for ten years.
Answers (1)
A partnership with 10 partners distributes its profits of $450,000 equally to the partners except partner #10 who receives 5% of the total profit. How much do partners #1-9 get equally? con
Answers (1)
Prior to creating a network, it is important to: Identify the party responsible for each activity. Calculate the float for each activity. Understand the activity precedence. Identify all loops through activities.
Answers (1)
First, you need to make some product ingredient decisions. Which option is most appropriate for Burnin' Rock? Select an option from the choices below and click Submit. A) Use the best ingredients, as specified in the product definition.
Answers (1)
New Questions in Business
Another benefit of planning ahead for the specific degree you want is A - the opportunity for college scholarships B - less free time to devote to other activities C - frequent searches online to find sources D - additional cost to the parents for
Answers (2)
True or false: suppose that the hypothetical country of prairieland has a chronic scarcity of wheat, its staple grain. this implies that if prairieland has a market economy, wheat will be available only for a price.
Answers (1)
Sheldon has the following year-end account balances: Accounts Receivable, $5,000; Supplies, $12,000; Equipment, $18,000; Accounts Payable, $17,000; Stockholders' Equity, $43,000. The Cash account balance was not available at year-end.
Answers (1)
Nadia was informed about the interest rate and fees before she opened her account with the bank. What act or right made sure she was informed?
Answers (2)
Which form of transportation is the dominant form of domestic transportation?
Answers (1)