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A market supply schedule is a chart that list how much of a good a single supplier will offer at various prices.
A market supply schedule is a chart that list how much of a good a single supplier will offer at various prices.
Monopoly
When a market's potential profit is so limited by its geographic location that only a single seller decides to enter the market. That type of market is a geographic monopoly. An example would be a general store in a remote community.
sole proprietorship
Sole supplier is the only one supplier can be sourced in market. Single supplier is the one can be substituted by alternative supplier but buyer sources from single supplier for strategic reason. (PVO consolidation, etc)
monopoly
monopoly refers to a single seller in the market structure
A market supply schedule is a chart that list how much of a good a single supplier will offer at various prices.
A market supply schedule is a chart that list how much of a good a single supplier will offer at various prices.
A market supply schedule is a chart that list how much of a good a single supplier will offer at various prices.
increase
Monopoly
When a market's potential profit is so limited by its geographic location that only a single seller decides to enter the market. That type of market is a geographic monopoly. An example would be a general store in a remote community.
When a market's potential profit is so limited by its geographic location that only a single seller decides to enter the market. That type of market is a geographic monopoly. An example would be a general store in a remote community.
monopoly? The control of a market by a single enterprise that is the only source of supply is a monopoly. Control by a single enterprise that is the only source of demand is a monopsony.
Monopsony