Answer:
Monopoly
Explanation:
This describes a monopoly.
A type of economic condition in which a group controls all the means of production, and can set their price is called A Monopoly. Broadly speaking, there is one major player who controls the whole market and is thus able to know the quantity and cost of the goods it produces
. We have various kind of monopoly namely
- Simple monopoly and Discriminating Monopoly
- pure monopoly and Imperfect Monopoly
- natural monopoly
- Legal monopoly
B). a desire for a better access to spices.
Answer:
Among India's many claims to fame is the ancient medical science known as Ayurveda (from the Sanskrit words ayur, or life, and veda, science). This is a healing method that relies on herbs as medicines for maintaining good health.
