Question

What is a monopoly?

A corporation gains almost complete control of the production or sale of a single good or service.
Several big corporations combine to control every stage of the entire industry.
A group of businesses that allowed people to buy stock in their companies.
A business owned and ruled by two or more people.

Answer 1

The first option. A corporation gains almost complete control of the production or sale of a single hood or service. It’s almost like the game monopoly where players collect all of one color and from there they can mark up the prices more because they own so much

Answer 2

A corporation gains almost complete control of the production or sale of a single good or service.