A Producer Is a Monopoly If It Is the Sole

question 11

True/False

A producer is a monopoly if it is the sole supplier of a good that has no close substitutes.

---

Definitions:

Limestone

A sedimentary rock mainly composed of calcium carbonate, often formed from marine organisms.

Quartz Sandstone

Sandstone composed mostly of quartz grains.

Phosphate

A salt or ester of phosphoric acid, often used in fertilizers due to its role in plant energy transfer.

Environmental Advantage

The benefit or edge obtained by using natural resources or ecological principles in a way that promotes sustainability and reduces harm to the environment.