select the correct answer. which market structure has a single company or seller in a market with many…

select the correct answer. which market structure has a single company or seller in a market with many barriers to entry?\na. oligopoly\nb. perfect competition\nc. monopoly\nd. monopolistic competition

select the correct answer. which market structure has a single company or seller in a market with many barriers to entry?\na. oligopoly\nb. perfect competition\nc. monopoly\nd. monopolistic competition

Answer

Answer:

C. monopoly

Brief Explanations:

A monopoly has one - seller and high entry barriers. Oligopoly has few sellers, perfect competition has many sellers with no barriers, and monopolistic competition has many sellers with low - entry barriers.