Monopoly can best be described as a market in which
...Monopoly can best be described as a market in which
A single seller sells a product which has no close substitute
Few sellers sell a products at different prices
The entry of other firms is restricted by the few firms in the market
Two or more sellers sell a product which is differentiated
A single buyer buys a product which has no close substitutes
Correct answer is A
No explanation has been provided for this answer.
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