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A monopoly is a market for a good or service that? A. Has few competitive firms. B. Is perfectly competitive. C. Had one buyer. D. Has one seller.

A monopoly is a market for a good or service that? A. Has few competitive firms. B. Is perfectly competitive. C. Had one buyer. D. Has one seller.
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A monopoly is a market for a good or service that? A. Has few competitive firms. B. Is perfectly competitive. C. Had one buyer. D. Has one seller.

User Kamiel
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1 Answer

2 votes
i believe it is B because for a monopoly it has no close substitute and is protected by a barrier that prevents other firms from selling that good or service 
User Jonathan Ringstad
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