aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Economics
  • Which of the following is a characteristic of pure monopoly?
Multiple choice

Which of the following is a characteristic of pure monopoly?

  1. Close substitutes

  2. Single seller

  3. Free entry and exit of firms

  4. Perfect information on the part of consumer

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Yes, it is the main characteristic of monopoly.

Keep practicing — related questions

  • All of the following are characteristics of a monopoly except?
  • Characteristics: 1. Aquatic 2. Budding 3. Ovoid shape 4. Holdfast Bacteria exhibiting all the given charact...
  • After complete examination doctor told Anita that she is suffering from the most common pure germ cell tumo...
  • Which of the following statements is/are correct? a. The pressure gradient is weak where the isobars are cl...
  • Which of the following is not a characteristic of Amphibia?
  • Epstein-Barr virus is the most common viral infection in humans and is most strongly associated with cancer...
  • Which of the following is not a characteristic of E-mail?
  • Which of the following is not a characteristic of Nematoda?
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Microeconomics and Pricing (1364 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy