TKing99
Answered

Select the items that describe a monopoly.


1.price setter

2.resources are used efficiently

3.one seller

4.products with no close substitutes

Verified Answer :

linglinghoy

well obviously 3 is one of the answers. So is 1. and 2

JesseCoat

I would answer one and three. Four isn't a typical description, and resources don't necessarily have to be used efficiently in a monopoly because of the lack of competition. If I helped, a thanks would be appreciated!

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