Which of the Following Is Not a Characteristic of a Monopoly

question 425

Multiple Choice

Which of the following is not a characteristic of a monopoly?

• A)the seller has market power
• B)one seller
• C)free entry and exit
• D)a product without close substitutes

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Definitions:

Non-Strategic Investments

Investments made without a long-term plan or alignment with the core goals of an investor or organization.

Short Or Long-Term

A classification that distinguishes between assets, liabilities, or goals based on the duration, typically under or over one year, respectively.

Equity Securities

Financial instruments that signify an ownership position in a publicly-traded corporation, such as stocks.

Long-Term Investments

Assets that a company intends to hold for more than one fiscal year, including stocks, bonds, real estate, and other securities.