All categories

3 years ago

A market that has a single supplier of a product with no close substitutes and barriers to entry is:________

Business

1 answer:

aleksklad [387]3 years ago

4 0

Answer:

c. a pure monopoly.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

For example, a public power company is an example of a monopoly because they serve as the only source of power utility provider to the general public in a society.

Additionally, a public power company refers to a company that provides power (electricity) utility to the general public of a society.

Hence, a market that has a single supplier of a product with no close substitutes and barriers to entry is a pure monopoly.

You might be interested in

What is the price of a coupon bond that has annual coupon payments of $75, a face value of $1000, interest rate of 5%, and a mat

Citrus2011 [14]

$1,046.49.

The price of a coupon Bond that has periodic coupon payments of $ 75, a face value of $ 1000, an interest rate of 5%, and a maturity of two times is $1,046.49.

Coupon Bond: A bond having tickets attached that reflect semiannual interest payments is known as a coupon bond, deliverer bond, or bond pasteboard. With coupon bonds, the issuer doesn't keep any records of the buyer, and no instrument has the buyer's name moreover.

The price of a coupon bond that has periodic coupon payments of $75, a face value of $1000, an interest rate of 5%, and a maturity of two times is $1,046.49.

To learn more about Coupon Bond, visit the following link:

brainly.com/question/26376004

#SPJ4

6 0

2 years ago

Ollie leased a building in old town. ollie installed a washer and dryer unit and a new furnace in the basement of the building w

HACTEHA [7]

I believe the answer is: The furnace is a fixture, but the washer and dryer are not.

Fixtures refers to a set of objects whose position is completely fixed and could not be removed unless by destroying a part of the building. Washer and Dryer are not fixed to any wall of the building and can be moved simply by the cooperation of two people or with the helps of stroll.

8 0

4 years ago

Money is a productive asset. Its opportunity cost is:

dsp73

Answer:

The correct answer is A. The time value of money.

Explanation:

In economic theory, the temporary value of money is intended to represent the idea that a dollar of today is worth more than a dollar of the future, even after adjusting for inflation, because a dollar can now generate interest or other returns up to moment in which the dollar of the future is received. This theory is based on the calculation of present or current value.

8 0

3 years ago

Which agency is responsible for approving states' special education plans and releasing idea funds accordingly?

tatiyna

The Office of Special Education and Rehabilitative Services is the agency responsible for approving a state's special education plan and releasing the IDEA funds accordingly. These offices also help schools understand the services and responsibilities. These services help with those who have a learning disability or need specialized attention/help in school.

7 0

3 years ago

Over the past several decades: A. international investment has become more one-sided, consisting almost entirely of foreign dire

valentina_108 [34]

Answer:

International investment has become more one-sided, consisting almost entirely of foreign direct investment.

Explanation:

This is because now internationally opportunities are being seized to have a better return on investment , to invest where opportunity cost is better and scope of foreign direct investment includes purchase of assets and shares.

6 0

3 years ago