Monopoly is characterized by
A)unique products.
B)market entry and exit are difficult or impossible.
C)non-price competition not necessary.
D)All of the above

Name: Monopoly is characterized by A)unique products. B)market entry and exit are difficult or impossible. C)non-price competition not necessary. D)All of the above
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Question

Quizplus · Accepted Answer

Monopoly is characterized by all of the listed features: unique products, difficult or impossible market entry and exit, and non-price competition not being necessary.

Monopoly Is Characterized by