momoney8465 momoney8465
  • 12-01-2024
  • Business
contestada

To define a monopoly, we cite the following characteristics: (i) and (ii).
I: the firm is the sole seller and its product
ii: the firm's product does not have close substitutes.
iii: the firm generates a large economic profit
iv: the firm is located in a small geographic market

Respuesta :

Otras preguntas

Need help ASAP please thank you
What is Earth's atmosphere a mixture of?
In what ways did Nixon's policies while president differ from some of his previously stated positions?
A simple model of the hydrogen atom suggests that the electron orbits the proton. What is the force that keeps the electron in orbit? A. Electrostatic B. Gra
the song that was just played is my favorite on the radio. which word is the relative pronoun in the sentence? that my favorite on
Arable land is land that________. A is covered in water D is sterile B is uninhabited C can be farmed
Lizards and snakes make up the Order _______. a. Squamata b. Crocodilia c. Chelonia d. Rhynchocephalia
Explain why a trapezoid can't be called a parallelogram
What individual below is considered the leader of progressive education in America? Maria Montessori W.E.B. Du Bois Charles Russell John Dewey
Describe the shape resulting from each cross section