A monopoly:

a. always makes a profit.

b. can force consumers to purchase what it is selling.

c. is characterized by a single seller who produces a well-defined product for which there are no good substitutes.

d. always has naturally created barriers. e. always has government-created barriers.

Question

Blossom

Business

17 July, 13:24

A monopoly:

a. always makes a profit.

b. can force consumers to purchase what it is selling.

c. is characterized by a single seller who produces a well-defined product for which there are no good substitutes.

d. always has naturally created barriers. e. always has government-created barriers.

+3

Answers (1)

Know the Answer?

Mouse · Answer 1

A

Explanation:

Monopoly is when a business takes over a certain trademark, making that specific business getting a large abundance of the profit and/or get most credit

A monopoly:a. always makes a profit.b. can force consumers to purchase what it is selling.c. is characterized by a single seller who produces a well-defined product for which there are no good substitutes.d. always has naturally created barriers. e. always has government-created barriers.

A monopoly:

a. always makes a profit.

b. can force consumers to purchase what it is selling.

c. is characterized by a single seller who produces a well-defined product for which there are no good substitutes.

d. always has naturally created barriers. e. always has government-created barriers.