Ask Question
BusinessBusiness
3 July, 05:56

Two conditions allow a single seller to become a monopolist. those two conditions are that the firm must:

+5
Answers (1)
  1. 3 July, 08:43
    0
    There are two conditions that allow a single seller to become a monopolist. These two conditions are as follows:

    1. The firm must have something unique to sell

    2. The firm must have a way to prevent potential competitors from entering the market.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Two conditions allow a single seller to become a monopolist. those two conditions are that the firm must: ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
With respect to how economists study the economy, which of the following statements is most accurate? a) Economists study the past, but they do not try to predict the future. b) Economists use "rules of thumb" to predict the future.
Answers (1)
What is the award given to best business
Answers (1)
The Merchandise Inventory account is an expense account that is used only for goods purchased that the business owns and intends to resell to customers. True / False.
Answers (1)
The systematic denial of access to assets, economic opportunities, associations, and organizations based on minority status is called
Answers (1)
Logistics Solutions provides order fulfillment services for dot merchants. The company maintains warehouses that stock items carried by its dot clients.
Answers (1)
New Questions in Business
What is a common axiom for information technology professionals?
Answers (1)
Reda is looking for a home equity loan. What factors should she look at when deciding which loan is best for her/11984163/ea85bca1? utm_source=registration
Answers (1)
A $1,000 par value bond was issued 25 years ago at a 12 percent coupon rate. It currently has 15 years remaining to maturity. Interest rates on similar obligations are now 10 percent. Assume Ms.
Answers (2)
If the Fed purchases government securities from a commercial bank, which of the following will happen? a. The Fed will increase the bank's reserves on deposit at the Fed. b. The Fed will decrease the bank's reserves on deposit at the Fed. c.
Answers (1)
The person who would most likely be affected by changes in the business cycle is
Answers (1)
Home » Business » Two conditions allow a single seller to become a monopolist. those two conditions are that the firm must:
Sign Up Forgot Password?