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jabez177 (jabez177):
Which economic term describes a situation where one company controls all the means of production of a product and can set its own price? A. monopoly B. inflation C. tariff D. corporation
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jabez177 (jabez177):
@YoungStudier @Ashy98
OpenStudy (anonymous):
a
jabez177 (jabez177):
Why A? Please explain. :)
OpenStudy (youngstudier):
Magnus, do you have an idea as to what the answer may be?
jabez177 (jabez177):
Maybe D?
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OpenStudy (ashy98):
@keittey is right, its A
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