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What is a monopoly?

a market that relies on the trading of goods and services without the use of money


a system in which people earn wages and buy the goods and services they choose


a business owned by many people called stockholders


a market that has only one seller of a product, and the seller can influence the price of the product

1 Answer

1 vote

Answer:

a market that has only one seller of a product, and the seller can influence the price of the product

Step-by-step explanation:

Our economy strives to have no Monopolies as to increase competition better companies.

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