A Market in Which There Is More Than One Seller

question 27

True/False

A market in which there is more than one seller, even if only a limited number, cannot be a monopoly.

---

Definitions:

Residential Property

Real estate that is used for housing purposes including single-family homes, apartments, townhouses, and other living spaces.

United States Supreme Court

The highest federal court in the U.S., which has ultimate appellate jurisdiction over all federal courts and state court cases involving issues of federal law.