Which of the following is a characteristic of Monopoly?
A. Large number of sellers and buyers
B. A single seller and large number of buyers
C. Large number of sellers and small number of buyers
D. Small number of sellers and small number of buyers
Answer:B
Which of the following is a characteristic of Monopoly?
A. Large number of sellers and buyers B. A single seller and large number of buyers C. Large number of sellers and small number of buyers D. Small number of sellers and small number of buyers