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What is it called when the seller faces no competition, as he is the sole seller of goods and enjoys the power of setting the price for his goods? a Pure Market economy b Comman…

What is it called when the seller faces no competition, as he is the sole seller of goods and enjoys the power of setting the price for his goods? a Pure Market economy b Comman…
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What is it called when the seller faces no competition, as he is the sole seller of goods and enjoys the power of setting the price for his goods?

a

Pure Market economy
b

Command economy
c

Monopoly
d

Free Enterprise

asked
User Marcel Hoekstra
by
8.3k points

1 Answer

3 votes
letter D. Cause if you think about it what is the game of monopoly about.
answered
User Savan Gadhiya
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7.9k points
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