A monopoly:

a. always makes a profit.

b. can force consumers to purchase what it is selling.

c. is characterized by a single seller who produces a well-defined product for which there are no good substitutes.

d. always has naturally created barriers. e. always has government-created barriers.

Question

Business

Thelma

3 January, 22:43

A monopoly:

a. always makes a profit.

b. can force consumers to purchase what it is selling.

c. is characterized by a single seller who produces a well-defined product for which there are no good substitutes.

d. always has naturally created barriers. e. always has government-created barriers.

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Answers (1)

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Cindy Poole · Answer 1

A

Explanation:

Monopoly is when a business takes over a certain trademark, making that specific business getting a large abundance of the profit and/or get most credit

A monopoly:a. always makes a profit.b. can force consumers to purchase what it is selling.c. is characterized by a single seller who produces a well-defined product for which there are no good substitutes.d. always has naturally created barriers. e. always has government-created barriers.

A monopoly:

a. always makes a profit.

b. can force consumers to purchase what it is selling.

c. is characterized by a single seller who produces a well-defined product for which there are no good substitutes.

d. always has naturally created barriers. e. always has government-created barriers.