Ask Question
9 June, 09:35

Which market structure has a single company or seller in a market with many barriers to entry?

A. Oligopoly

B. Perfect competition

C. Monopoly

D. Monopolistic competition

+5
Answers (2)
  1. 9 June, 10:27
    0
    The question is asking which market structure has a single company or seller in a market with many barriers to entry and the answer is C. Monopoly. A monopoly is a situation where only one company has a chance to sell their products. Think for example about a national post company that is the only company that has the right to enter people's houses and access their mailbox - this is an example of a monopoly.
  2. 9 June, 11:05
    0
    The answer is C. Monopoly
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which market structure has a single company or seller in a market with many barriers to entry? A. Oligopoly B. Perfect competition C. ...” 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