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    Business
  3. Study Set
    Micro economics 2
  4. Exam
    Exam 1: Market Models, Structures and Competition
  5. Question
    A ___________Occurs in an Industry Where There Is Only One
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A ___________Occurs in an Industry Where There Is Only One

Question 16

Question 16

Multiple Choice

A ___________occurs in an industry where there is only one producer of a good and only one supplier.


A) bilateral monopoly
B) monopoly
C) monopsony
D) duopoly

Correct Answer:

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