Which of the following is the best definition for a monopoly? A. An industry being split among several companies to allow for co

Question

3 years ago

12

Which of the following is the best definition for a monopoly? A. An industry being split among several companies to allow for co

mpetition B. A whole industry being owned by one company C.The government controlling and making profit of an industry. D. A large city with a population over 100,000

Business

2 answers:

Inessa05 [86] · Answer 1 · 2022-05-25T10:47:01+03:00

Inessa05 [86]3 years ago

5 0

B. A whole industry being owned by one company

lisov135 [29] · Answer 2 · 2022-05-25T13:03:09+03:00

lisov135 [29]3 years ago

4 0

B, because monopoly means a complete control in the market