_________ exists when the entire supply of a good is controlled by a single seller. A monopoly Perfect competition Oligopoly Pure Capitalism

Respuesta :

Answer:

The correct answer is letter "A": A monopoly.

Explanation:

A monopoly occurs when one company is the sole or nearly sole provider of a good or service within an industry. This potentially allows that company to become powerful enough to prevent competitors from entering the marketplace leading to limited consumer choice, higher prices, and limited response to customers' concerns.