A business that controls as entire market for a specific item is called a/an

Question

asked Mar 17, 2019 186k views

1 Answer

Keir Simmons · Answer 1 · 2019-03-20T23:23:26+0000

A business that controls an entire market for a specific item is called a monopoly.

In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.

A business that controls as entire market for a specific item is called a/an

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions