A Firm That Is a "Pure Monopoly" Is

Multiple Choice

A firm that is a "pure monopoly" is

A) a seller of a highly advertised and differentiated product in a market with low barriers to entry in the long run.
B) the only seller of a good for which there are no good substitutes in a market with high barriers to entry.
C) the only buyer of a unique raw material.
D) the producer of a product subsidized by the government.