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Which of the following is a characteristic of a monopoly? a. no barriers to entry c. it is always government owned b. a single buyer d. a single seller
SINGLE SELLER is a characteristic of a monopoly.
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Expert answered|yumdrea|Points 12889|
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Asked 11/25/2014 11:18:49 AM
Updated 11/25/2014 1:10:07 PM
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This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [11/25/2014 1:10:07 PM]
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A(n) ____monopoly occurs when a market runs most efficiently with one firm supplying the output.
Weegy: A natural monopoly occurs when a market runs most efficiently with one firm supplying all of the output. (More)
Question
Updated 11/25/2014 1:47:55 PM
0 Answers/Comments
A monopolist will set its production at a level where marginal cost is equal to a. marginal revenue. c. total revenue. b. the equilibrium market price. d. quantity supplied.
Weegy: A monopolist will set its production at a level where marginal cost is equal to marginal revenue. User: Which of the following is a characteristic of a monopoly? a. no barriers to entry c. it is always government owned b. a single buyer d. a single seller (More)
Question
Not Answered
Updated 10/22/2016 10:23:25 AM
1 Answer/Comment
A single seller is a characteristic of a monopoly.
Added 10/22/2016 2:53:32 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [10/22/2016 10:23:41 AM]
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