Introduction to Economics 1 Deneme Sınavı Sorusu #726253

Which of the following statements is not correct when monopolies are considered?


There can be multiple producers in monopolies.

Monopolies act as price setters.

Monopolies can affect the quantity of goods in the market.

The market demand curve is open to effect from monopolies.

Monopoly is an extreme form of market structure.


Yanıt Açıklaması:

Monopoly is a market structure with only one producer. Therefore, the correct option is A.

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