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Select the items that describe a monopoly. 1.price setter 2.resources are used efficiently 3.one seller 4.products with no close substitutes
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Select the items that describe a monopoly. 1.price setter 2.resources are used efficiently 3.one seller 4.products with no close substitutes
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Jul 15, 2018
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Select the items that describe a monopoly.
1.price setter
2.resources are used efficiently
3.one seller
4.products with no close substitutes
Business
high-school
Navin Rauniyar
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Navin Rauniyar
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well obviously 3 is one of the answers. So is 1. and 2
Parag Doke
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Jul 15, 2018
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Parag Doke
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I would answer one and three. Four isn't a typical description, and resources don't necessarily have to be used efficiently in a monopoly because of the lack of competition. If I helped, a thanks would be appreciated!
Arne Evertsson
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Jul 21, 2018
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Arne Evertsson
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