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Select the items that describe a monopoly
Monopoly.: price setter, resources are used efficiently, and one seller.
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Asked 10/1/2019 2:30:01 PM
Updated 11/21/2021 3:12:41 PM
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Select the items that describe a monopoly
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Kuarten-
Monopoly.: price setter, resources are used efficiently, and one seller.
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Added 11/21/2021 3:12:41 PM
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Questions asked by the same visitor
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Weegy:
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User:
Select the items that describe a monopoly
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Question
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Updated 268 days ago|3/20/2024 12:43:12 AM
1 Answer/Comment
3
Kuyaflo
A monopoly has only one seller and the seller is the price maker. There is a barrier to entry and the resources are allocated inefficiently.
Added 268 days ago|3/20/2024 12:43:12 AM
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Select the items that describe a monopoly
Weegy:
No substitutes, barriers to entry, resources used inefficiently -are items that describe a monopoly.
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Expert Answered
Asked 10/1/2019 2:29:53 PM
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Weegy:
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User:
With blank, there are barriers to entry that keeps competitors out of the market
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Updated 11/9/2022 10:57:26 PM
1 Answer/Comment
3
emdjay23
With monopoly, there are barriers to entry that keep competitors out of the market.
Added 11/9/2022 10:57:25 PM
This answer has been confirmed as correct and helpful.
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