Ask Question
27 January, 16:14

What is a business monopoly

+2
Answers (2)
  1. 27 January, 18:38
    0
    A business monopoly is where one business dominate/accounts for 100% of the market. There are many buyers but one seller, high barriers to entering/exiting the market, and the business is a price setter
  2. 27 January, 19:22
    0
    A monopoly is a situation in which a single company or group owns all or nearly all of the market for a given type of product or service.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is a business monopoly ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers