Question

Which market structure has a single company or seller in a market with many barriers to entry? a oligopoly b perfect competition c monopoly d monopolistic competition

Answer 1

 Cata9 Ambitious This is a Verified Answer × Verified Answers contain reliable, trustworthy information vouched for by a hand-picked team of experts. Brainly has millions of high quality answers, all of them carefully moderated by our most trusted community members, but Verified Answers are the finest of the finest. The question is asking which market structure has a single company or seller in a market with many barriers to entry and the answer is C. Monopoly. A monopoly is a situation where only one company has a chance to sell their products. Think for example about a national post company that is the only company that has the right to enter people's houses and access their mailbox- this is an example of a monopoly.

Answer 2

Answer:

c monopoly

Explanation:

• The market structure as given by Adam Smith is based on the four types such as the monopolistic economy, monopoly, oligopoly and perfect competition as the most single standing that controls the market economy is based on the monopoly of goods and services in the economy.

• Creating barriers to entry for the new rivals and also has a single product and a single demand company structure. Thus the number of consumers and the company remains one and it dominated the market for quite long.