Question

Rural Internet access, with one dominant provider that faces very little competition, is a good example of – market. It functions as –. By contrast, a flea market or swap meet, where – buyers and sellers get together to conduct transactions, is an example of – market. No single – exerts – control over prices.

Answer 1

Answer:

The correct answers would be Imperfect market, Monopoly, Many, Competitive Market, Buyer or Seller, Significant.

Explanation:

Rural Internet Access, with one dominant provider that faces very little competition is a good example of Imperfect Market. It functions as Monopoly. By contrast, a flea market or swap meet, where many buyers and seller get together to conduct transactions, is an example of Competitive Market. No single Buyer or seller exerts significant control over prices.