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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

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?

OpenStudy (ashy98):

@keittey is right, its A

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