which best describes the availability of substitutes in a monopoly?\no price points vary.\no there are no…

which best describes the availability of substitutes in a monopoly?\no price points vary.\no there are no substitutes.\no there are different brands.\no products have different features.

which best describes the availability of substitutes in a monopoly?\no price points vary.\no there are no substitutes.\no there are different brands.\no products have different features.

Answer

Brief Explanations:

In a monopoly, a single - firm controls the market. By definition, there are no close substitutes for the product or service it offers. Other options like price - point variation, different brands, or different features are not characteristic of the substitute situation in a monopoly.

Answer:

There are no substitutes.