83.0k views
4 votes
For many​ years, the International Nickel Company of Canadathe International Nickel Company of Canada essentially operated as a monopoly. What made this company a monopolyLOADING​?

A. the buyers of nickel productsnickel products had virtually no bargaining power.
B. NickelNickel​, used to make nickel productsnickel products​, has many close substitutes that can also be used to produce nickel productsnickel products.
C. the suppliers of nickelnickel​, used to make nickel productsnickel products​, had substantial bargaining power.
D. it had almost exclusive control of the​ world's supply of nickelnickel​, used to make nickel productsnickel products.
E. the input market for nickelnickel​, used to make nickel productsnickel products​, was perfectly competitive.

User Edda
by
5.7k points

1 Answer

6 votes

Answer:

D. it had almost exclusive control of the​ world's supply of nickel​, used to make nickel products

Step-by-step explanation:

User Youngsun
by
5.8k points