In the context of the British having a monopoly on tea, what does the term "monopoly" mean?(1 point) Responses Control of a product or service by one company or group Control of a product or service by one company or group A competition between multiple businesses A competition between multiple businesses A tax on goods A tax on goods A variety of products available in the market

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
4 days ago

In the context of the British having a monopoly on tea, the term "monopoly" refers to control of a product or service by one company or group.