__________ exists when the entire supply of a good is controlled by a single seller.

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asked Jul 13, 2020 181k views

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Denis Barushev · Answer 1 · 2020-07-17T13:11:58+0000

Answer: Monopoly

Explanation: As per the subject matter of economics, monopoly market structure is the one in which there is a single seller and a large number of buyers. Monopoly can be established in a number of ways like patents or government intervention.

So, we can conclude that the right answer to this problem is monopoly.

__________ exists when the entire supply of a good is controlled by a single seller.

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