All these are characteristics of a monopoly except,
a) There is one seller of the product
b) Has few substitutes
c) Controls a large share of the market
d) Controls a small share of the market
ANS D
All these are characteristics of a monopoly except,
a) There is one seller of the product
b) Has few substitutes
c) Controls a large share of the market
d) Controls a small share of the market
ANS D