economics,

The Coca-cola Company is the only producer of Coca-Cola. Is it considered a monopoly? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. Yes, it is the only firm with the recipe for a real Coca-cola. Yes, because Coca-cola has no close substitutes. U No, because Coca-cola has many close substitutes.What is a reason that monopolies exist? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. A firm owns a resource that no one else has A firm is given legal protection that prevents another firm from entering U A firm naturally drives out competitors through lower prices. All of the above are reasonsQuestion 10.03 Homework . Unanswered Markets of perfectly competitive firms and monopolies both Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. have barriers to entry n have downward sloping demand curves U are easy to enter and exitQuestion 10.04 O Homework . Unanswered If a monopoly is currently selling 20 goods at a price of $10 each and it wants to sell 30 units, it needs to increase / decrease / hold constant) the price for all goods it sells. Type your answer and submit Unanswered . 2 attempts left SubmitQuestion 10,05 O Homework . Unanswered Assume that a market is operating in equilibrium. What would happen if the monopoly increased quantity produced but the price did not change? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. A surplus A shortage People would stop buying from the monopoly altogether None of the above Unanswered . 2 attempts left Submit