1 Point
What is a basic difference between pure competition and monopolies?
O
A. The number of buyers
O
B. The amount of taxes paid
O
C. The number of producers
O D. The amount of goods produced

Question

15-01-2020
Business

contestada

1 Point
What is a basic difference between pure competition and monopolies?
O
A. The number of buyers
O
B. The amount of taxes paid
O
C. The number of producers
O D. The amount of goods produced

Respuesta :

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cuhgirl cuhgirl · Answer 1 · 2020-01-15T04:01:18+01:00

cuhgirl cuhgirl

15-01-2020

A. The number of producer

Pure competition has multiple sellers/producers of a good in the market. There are choices.

A monopoly is a single seller and there are no other options for the consumer/buyer does not have a choice or option

Answer Link

1 Point What is a basic difference between pure competition and monopolies? O A. The number of buyers O B. The amount of taxes paid O C. The number of producers O D. The amount of goods produced

Respuesta :

Otras preguntas

1 Point
What is a basic difference between pure competition and monopolies?
O
A. The number of buyers
O
B. The amount of taxes paid
O
C. The number of producers
O D. The amount of goods produced