question archive A monopolist is: a

A monopolist is: a

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A monopolist is:

a. A firm with annual sales of over $10 million,

b. A single supplier of a good or service for which there is no close substitute,

c. A producer of a good or service that is costly to produce, requiring large amounts of capital investment,

d. A large firm, making substantial profits, that is able to exercise market control over other firms.

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