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Rosa's Tea House sells homemade uniquA monopolist faces ___________ for its product. Group of answer choices a downward-sloping demand a horizontal demand a perfectly inelastic
Rosa's Tea House sells homemade uniquA monopolist faces ___________ for its product. Group of answer choices a downward-sloping demand a horizontal demand a perfectly inelastic demand a perfectly elastic demande flavors of tea. Is this firm a monopoly? Group of answer choices Yes, because there are no substitutes to Rosa's teas. No. Even though Rosa's teas are a unique, there are many different brands of tea that are likely very close substitutes. No. Because Rosa's Tea House is a franchise that has many locations. Yes, because the market to sell tea has very high entry barriers
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