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salantis [7]
3 years ago
13

Which of the following is true of a pure monopoly? Group of answer choices

Business
1 answer:
PilotLPTM [1.2K]3 years ago
8 0

Answer:

The answer is A

Explanation:

Pure monopoly can raise the market price indefinitely due to the fact that the market structure is characterized by a single seller or manufacturer, selling a particular product in the market. In a pure monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute. He enjoys the power of setting the price for his goods. This in-turn leads to the customers being at the mercy of the seller.

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3 years ago
Sheila and her team members have been allocated a new project. As a team leader, which quality should Sheila demonstrate so that
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The oldest recorded effort to organize a fire fighting service dates back to the:
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Jamal tried to apply for a mortgage. However, he was turned down for the loan because the loan officer noticed that he had made
tino4ka555 [31]

Answer:

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Explanation:

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3 years ago
When the allowance method is used to account for uncollectible accounts, Bad Debts Expense is debited when A. a customer’s accou
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Answer:

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