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Hat is a​ monopoly? A monopoly is A. a firm in a competitive market with many other sellers. B. a firm in a market with a small number of independent firms that compete. C. a fi…

Hat is a​ monopoly? A monopoly is A. a firm in a competitive market with many other sellers. B. a firm in a market with a small number of independent firms that compete. C. a fi…
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4 votes
Hat is a​ monopoly?

A monopoly is
A.
a firm in a competitive market with many other sellers.
B.
a firm in a market with a small number of independent firms that compete.
C.
a firm that is the only seller of a good or service that does not have a close substitute.
D.
a firm in a market with other firms that sell similar but not identical products.
E.
a firm that is the only buyer of a factor of production.

asked
User Fury
by
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1 Answer

7 votes

Answer:

I believe the answer that you're looking for is D

Step-by-step explanation:

answered
User Chrisgooley
by
8.7k points
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