Which Is NOT a Characteristic of a Monopoly

question 244

Multiple Choice

Which is NOT a characteristic of a monopoly?

• A) There is one firm.
• B) There are many close substitutes.
• C) There is potential for long-run economic profit.
• D) There is substantial producer control over the price.

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A form of defamation that involves making false and damaging spoken statements about someone.

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The act of establishing the truth or validity of a statement or claim through evidence or argumentation.

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