Question

When a person or enterprise gains complete control of a commodity in a particular market.

A. Corporation.
B. Monopoly.
C. Trust.
D. Horizontal Integration.

Answer 1

What do you think it is? Based off of what you know about your answer choices

Answer 2

old question, but will respond so this can be closed

the description best suits a monopoly, in which one market is dominated/basically dominated by one company

reasons why the other ones don't fit:
- corportaion: a company recognized as a legal entity. doesn't imply that the corportion somehow controlls an entire market.
- trust: one party holds assets for another party
- horizontal integration: company expands by acquiring other companies w/in the same industry (this is close, but this still doesn't necessarily imply the company is gaining complete dominance of the market, just expanding)

references:

https://www.investopedia.com/ask/answers/051315/what-difference-between-horizontal-integration-and-vertical-integration.asp

https://www.investopedia.com/terms/t/trust.asp#:~:text=What%20is%20a%20Trust%3F,a%20third%20party%2C%20the%20beneficiary.&text=In%20finance%2C%20a%20trust%20can,as%20a%20public%20limited%20company.

https://www.investopedia.com/terms/c/corporation.asp