subject
Social Studies, 05.05.2020 06:44 kordejah348

All of the following are characteristics of a monopoly EXCEPT:
A)There is only one seller in the market, and only one product being sold.
B)Barriers to entry are very high.
C)The seller is forced to lower prices and increase supply because of competition.
D)The seller has strict control over the price of the product.

ansver
Answers: 2

Another question on Social Studies

question
Social Studies, 22.06.2019 14:00
Icivics worksheet : rules for running a country
Answers: 1
question
Social Studies, 22.06.2019 19:00
What was the goal of congress when it passed the sherman antitrust act to break up corporate trusts? a. to remove government regulation from businesses b. to return private competition to the marketplace c. to lower taxes on small and medium businesses d. to prevent politicians from investing in businesses e. to increase laissez-faire ideals in the marketplace
Answers: 2
question
Social Studies, 23.06.2019 04:31
Does the truman show overstate the power and influence of the mass media?
Answers: 1
question
Social Studies, 23.06.2019 07:00
What best describes how producers benefit from specialization
Answers: 2
You know the right answer?
All of the following are characteristics of a monopoly EXCEPT:
A)There is only one seller in t...
Questions
Questions on the website: 13722360