Introduction to Economics 1 Deneme Sınavı Sorusu #724253

Which of the followings refers to a market structure with only one producer/seller of a good and it does not act as a price taker but as a price setter?


Monopoly

Oligopoly

Monopolistic competition

Maximization

Government regulation


Yanıt Açıklaması:

Monopoly is a market structure with only one producer/seller of a good and it does not act as a price taker but as a price setter. Therefore, the correct option is A.

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