A market structure in which a single seller dominates trade in a good or service for which buyers can find no close substitutes is called a(n) _____.

A market structure in which a single seller dominates trade in a good or service for which buyers can find no close substitutes is called a(n) _____.







a. oligopoly
b. monopoly
c. monopsony
d. perfect market










Answer: B


Marketing

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