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Laurenrees98 Laurenrees98
wrote...
Posts: 342
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5 years ago
A firm can be the sole supplier of a good and is still not a monopolist if
A) the firm is not large.
B) the good produced is not important to the economy.
C) the firm is not making excessive profits.
D) there are very close substitutes for the good.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 38 times
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Answer verified by a subject expert
ashkatnewashkatnew
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Posts: 222
5 years ago
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Laurenrees98 Author
wrote...
5 years ago
Just confirmed the same answer from my friend, thanks
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