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Which term refers to an economic situation where only one company makes a product and is therefore able to fix the selling price? (a)socialism (b)capitalism (c)monopoly (d)anarc…

Which term refers to an economic situation where only one company makes a product and is therefore able to fix the selling price? (a)socialism (b)capitalism (c)monopoly (d)anarc…
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Which term refers to an economic situation where only one company makes a product and is therefore able to fix the selling price?

(a)socialism
(b)capitalism
(c)monopoly
(d)anarchy

asked
User Pablo CG
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1 Answer

4 votes

Answer:

Monopoly

Step-by-step explanation:

answered
User Toni Bardina Comas
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