One feature of pure monopoly is that the firm is

A) a producer of products with close substitutes.
B) one of several producers of a product.
C) a price taker.
D) a price maker.

Pure Monopoly

An economic situation where only one supplier dominates the entire market offering for a specific commodity or service, with no nearly identical alternatives available.

Price Maker

A firm with the power to influence the price at which it sells its product, typically because it does not face significant competition.