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Which of the Following Is a Characteristic of a Monopoly

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Which of the following is a characteristic of a monopoly?


Definitions:

Subcontractors

Companies or individuals hired by a general contractor to perform specific tasks as part of a larger project.

Materialmen

Suppliers or sellers of materials, especially in construction, that provide goods on credit to contractors or builders.

Surety

A person or entity that takes responsibility for another's performance of an obligation or the payment of a debt in case of default.

Farm Property

is categorically land and tangible assets used in farming and agricultural operations.

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