Business, 30.08.2019 08:30 1UNIDENTIFIED1

This is a drag and drop question. there are lots of differences between a market served by a monopoly and a market that is perfectly competitive. sort the items below according to whether they are associated with a single-price monopoly or perfect competition. 1. a characteristic of monopoly 2. a characteristic of perfect (pure) monopoly "these are the answere i have to drag into either answer 1 or answer 2" -price is higher than in other market structure -an efficient quantity is produced -firms can earn positive economic profit in the long run. -there are significant barriers to entry. -firms have no market power.

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