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A firm that is a "pure monopoly" is

a. the only seller of a good for which there are no good substitutes in a market with high barriers to entry.
b. a seller of a highly advertised and differentiated product in a market with low barriers to entry in the long run.
c. the only buyer of a unique raw material.
d. the producer of a product subsidized by the government.

1 Answer

5 votes
I believe it is A

a monopoly is when a company owns all the companies in that buisnesses
User Jens Erat
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