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sergeinik [125]
3 years ago
5

Pure monopoly refers to_____. rev: 05_15_2018 Multiple Choice

Business
1 answer:
alisha [4.7K]3 years ago
5 0

Answer:

The correct answer is option c.

Explanation:

Pure monopoly refers to a market where there is a single producer selling a product with no close substitutes. Such type of market is very rare.  

There is restriction on entry and exit of firms in the market. The firm operating in this market is a price maker and faces a downward-sloping demand curve.  

No close substitutes, single seller and barriers to entry are essential conditions for a pure monopoly to exist.

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The answer to your question is True.
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4 years ago
Some spending and taxes increase or decrease with the business cycle. This event often has an effect on the economy that is simi
spayn [35]

Answer: Automatic stabilizers

Explanation:

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Therefore, Automatic stabilizers is the correct answer.

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3 years ago
How manny people went to collage, and wish they hadn't? (This year.) (Average)
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Around 22 % this year alone.

8 0
3 years ago
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The Taylor rule specifies how policymakers should set the federal funds rate target. Suppose that U.S. real GDP rises 1% above p
VladimirAG [237]

Answer:

FED raise the federal funds rate target by 0.5%

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6 0
3 years ago
Jones Corporation reported current assets of $191,800, current liabilities of $137,000, and total liabilities of $275,714 on its
VMariaS [17]

Based on the information given the current ratio is:1.4.

<h3>Current ratio</h3>

Using this formula

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Let plug in the formula

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Learn more about current ratio here:brainly.com/question/2686492

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