Type the correct answer in the box. Spell all words correctly. Helen wanted to launch a company that would market and sell computer mouses for laptops. She decided to create a strategy to enter the market. However, to her dismay she found that the sector had very high entry barriers. The only supplier for all computer-related hardware in the country had acquired all the vendors. It was very difficult to get the raw materials to manufacture her product. What kind of market was Helen dealing with? Helen was dealing with alan square market

Question

Type the correct answer in the box. Spell all words correctly. Helen wanted to launch a company that would market and sell computer mouses for laptops. She decided to create a strategy to enter the market. However, to her dismay she found that the sector had very high entry barriers. The only supplier for all computer-related hardware in the country had acquired all the vendors. It was very difficult to get the raw materials to manufacture her product. What kind of market was Helen dealing with? Helen was dealing with alan square market

Answer 1

Helen was dealing with a monopoly market.

Answer 2

Helen is dealing with a market structure characterized by high entry barriers and control over suppliers. The description suggests that there is only one supplier for the raw materials required for computer-related hardware. This type of market is generally known as a monopoly, where a single supplier dominates the market and makes it difficult for new entrants to compete.

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