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When one firm is able to dominate the market and no other firm is able to enter the market, a(n) ______________ has formed. A. oligopoly B. monopoly C. conglomerate D. vertical merger
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When one firm is able to dominate the market and no other firm is able to enter the market, a(n) ______________ has formed.

A. oligopoly
B. monopoly
C. conglomerate
D. vertical merger

User Randy Levy
by
8.4k points

1 Answer

3 votes
B. Monopoly is the correct answer
User BJury
by
7.6k points
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