The market structure of monopoly is characterized by?

اجارہ داری کی مارکیٹ کی ساخت کی طرف سے خصوصیات ہے؟

A single firm producing a good that lacks close substitutes

Differentiated products produced by different firms

Marginal revenue [MR] less than price for several firms

Extensive non-price competition

The market structure of monopoly is characterized by a single firm producing a good that lacks close substitutes.