A monopoly is a market for a good or service that? A. Has few competitive firms. B. Is perfectly competitive. C. Had one buyer. D. Has one seller.

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asked Jul 3, 2019 98.7k views

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Jonathan Ringstad · Answer 1 · 2019-07-07T22:41:25+0000

i believe it is B because for a monopoly it has no close substitute and is protected by a barrier that prevents other firms from selling that good or service

A monopoly is a market for a good or service that? A. Has few competitive firms. B. Is perfectly competitive. C. Had one buyer. D. Has one seller.

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