A monopoly market has
A) a few firms.
B) a single firm.
C) two dominating firms in the market.
D) only two firms in it.
E) some unspecified number of firms in it.
B
Economics
You might also like to view...
The business cycle matters for unemployment because:
A. it affects the demand for labor. B. it affects the supply of labor. C. Both of these are true. D. Neither of these is true.
Economics
People scalping tickets for a rock concert can sell their tickets for at least a normal profit
A. any time the rock group is popular. B. when prices are too high. C. only when there is excess supply. D. when the price set by the concert hall is less than the market equilibrium price.
Economics