232k views
3 votes
A business without competitors operates in a(n

A. pure competition market environment
B. oligopoly market environment
C. monopoly market environment
D. monopolistic competition market environment

User Zamfir
by
8.1k points

1 Answer

5 votes

Answer:

C. monopoly market environment

Step-by-step explanation:

Pretty sure c's the answer

A business without competitors operates in a monopoly market environment. In a monopoly, there is only one seller or producer in the market, and they have significant control over the pricing and supply of goods or services. This lack of competition allows the monopolistic business to operate without direct rivals in the same market.

User Matt Good
by
8.6k points