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What are companies that have complete control over a particular product or industry? Monopolies Oligarchies Capitalists All of the above

Respuesta :

ChemistEncoder
I know for a fact that Oligarchies and monopolies do control one set product or service. However, Capitalists do not necessarily try to do that, they try to make the most money out of their products/ but because there is not an A and B choice, all of the above is your soundest answer
pristina

Answer: Monopolies

Explanation:

A monopoly is a market structure in which there is only one seller of a good. The seller has complete control over the market. He has the full ability to determine the price of his good. Entry in a monopoly market is completely restricted.

On the other hand, in a capitalist and oligopoly market structure there is some degree of price control but not full. The price depends on the price of the competitors.

Thus, monopolies is the correct option.

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