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Vanc4essndgkgrace
Vanc4essndgkgrace Vanc4essndgkgrace
  • 07-08-2016
  • Business
Answered

If there is only a single seller or supplier in a market, this is called __________.

Acompetition

Bcollusion

Ccommander

Dmonopoly

Verified Answer :

oopsydaisy
oopsydaisy oopsydaisy
  • 09-08-2016

If there is business or a single person who is the only seller or supplier in a business market, this is called a monopoly. In the United States, monopolies are heavily regulated by the government. Smaller cities in the U.S tend to have monopolies than a larger city. The correct answer is D.

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