One feature of pure monopoly is that the monopolist is:

Name: One feature of pure monopoly is that the monopolist is:
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Question

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A pure monopoly exists when there is only one supplier of a good or service in the market. As a result, the monopolist has the power to set the price of the product or service they offer, making them a price maker, rather than a price taker, which is the case for firms operating in a competitive market. The other options do not describe features of a pure monopoly.

One Feature of Pure Monopoly Is That the Monopolist Is