A market where a single firm makes all the industry's sales is a pure:
AMonorail
BMonopoly
CMonogram
DMonologue
Answer & Solution
Correct answer: B. Monopoly
1. There is no competitor at all.
2. One seller serves the whole market.
3. That structure is pure monopoly.
_Source: OpenStax Introduction to Business, Chapter 1, Understanding Economic Systems and Business._
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