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Q: One defining characteristic of pure monopoly is that: A. The monopolist is a price taker B. The monopolist uses advertising C. The monopolist produces a product with no close substitutes
D. There is relatively easy entry into the industry, but exit is difficult
A: The monopolist produces a product with no close substitutes.
paral|Points 3670|
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Asked 4/27/2013 12:41:49 PM
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