All are features of monopoly except:

CA Foundation · Business Economics · MTP · September 2026
All are features of monopoly except:
(A) A. There is a single seller
(B) B. The firm is a price taker
(C) C. The Firm Produces a unique product
(D) D. The existence of some advertising

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. The firm is a price taker

Topics: Price Determination in Different Markets

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