An insecure monopoly is one where

Name: An insecure monopoly is one where
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

An insecure monopoly is one where the possibility of a second firm entering exists, which makes the monopoly vulnerable to competition. In contrast, a secure monopoly is one where no other firms can enter, meaning the monopoly can maintain its position without the threat of competition. Therefore, option B is the best choice.

An Insecure Monopoly Is One Where