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What best describes the availability of substitutes in a monopoly?
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What best describes the market structure of a monopoly?
A monopoly is when a market has many buyers but only one seller.
Which f the following best states the main difference between a monopoly and monopolistic competition?
Under pure competition there are large number of buyers and sellers, homogeneous products and free entry and exit. Whereas under Monopoly there is a single seller, there are no close substitutes for the commodity it produces and there are barriers to entry.
What is the best color or street to buy on monopoly?
the best colour to buy is orange on the monopoly board
What best states the main difference between a monopoly and a monopolistic competition?
monoplistic competition involves slightly differentiated products while monoply involves a single product.
How is monopoly different from perfect competition?
i like monopoly the car and the dog are the best love jamie and callum
Which best describes the United Fruit Company in the early 1900s?
It created a monopoly.
What best describes the fruit company in the early 1900s?
it created a monopoly
Which best describes the US fruit company in the early 1900s?
It created monopoly
What best describes the United Fruit Company in the Early 1900s?
it created a monopoly
What term best describes a company that completely dominates a particular industry?
A monopoly
Which best describes the united fruit company in the early 1900?
it created a monopoly
What best describes the market structure of a monopoly?
A monopoly is when a market has many buyers but only one seller.
What statement best describes conditions in the 1920s in the US?
An increase in the availability of credit resulted in an expansion of consumer purchasing power.
Which f the following best states the main difference between a monopoly and monopolistic competition?
Under pure competition there are large number of buyers and sellers, homogeneous products and free entry and exit. Whereas under Monopoly there is a single seller, there are no close substitutes for the commodity it produces and there are barriers to entry.
Which term best describes a company that completely dominates a particular industry?
a monopoly {from history alive book}
What is the best color or street to buy on monopoly?
the best colour to buy is orange on the monopoly board
What best states the main difference between a monopoly and a monopolistic competition?
monoplistic competition involves slightly differentiated products while monoply involves a single product.
