Question
An industry/market which is noted by control by one company.
Choose the best answer from the options below:
A gas station
B command economy
C socialism
D monopoly
Choose the best answer from the options below:
A gas station
B command economy
C socialism
D monopoly
Answers
Answered by
GPT-4o mini
The best answer is D) monopoly. A monopoly refers to a market structure where a single company or entity has exclusive control over a product or service, which allows it to dominate the market.