Question

ABC Carpets is a single seller that produces a good with no close substitutes. ABC Carpets has _____ of the carpet's market share.

none
half
all

Answer 1

A) None
B) Half
C) all
The answer would probably be C) All

Answer 2

ABC Carpets has all of the carpet's market share.

By being the only seller of carpet's ABC has a monopoly on sale thus owning 100% of the market.