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    Microeconomics Study Set 13
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    Exam 12: Pure Monopoly
  5. Question
    Which of the Following Is a Characteristic of Pure Monopoly
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Which of the Following Is a Characteristic of Pure Monopoly

Question 201

Question 201

Multiple Choice

Which of the following is a characteristic of pure monopoly?


A) close substitute products
B) barriers to entry
C) the absence of market power
D) "price taking"

Correct Answer:

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