A) A monopoly is a free market economic system.
B) A monopoly encourages free trade between nations.
C) A monopoly controls the supply within a specific market.
D) A monopoly establishes laws for buying goods and services
1 answer
C) A monopoly controls the supply within a specific market.
A monopoly exists when a single company or entity has exclusive control over a particular market or the supply of a product or service, which limits competition and can lead to higher prices for consumers.
1 answer
1 answer
1 answer
1 answer