Arlja0ngelsolalaura
Arlja0ngelsolalaura Arlja0ngelsolalaura
  • 21-01-2016
  • History
contestada

Which economic term describes a situation where one company controls all the means of production of a product and can set its own price?

Respuesta :

HistoryGuy HistoryGuy
  • 23-01-2016
It would be the term "monopoly" that describes a situation where one company controls all the means of production of a product and can set its own price--these are outlawed in the United States. 
Answer Link
Аноним Аноним
  • 24-01-2016
Monopoly describes a situation where one company controls all the means of production of a product and can set its own price
Answer Link

Otras preguntas

The glass is attracting the pieces of paper. What does this tell you about the charges on the glass and the paper?The glass and the paper have the same charge.T
What Reverend Ambrose ask sheriff to do for him
you can reach me space coupe like_____ PLease help XD
Clara Barton’s work during the civil war led to
Who coined the term “Iron Curtain”? * Harry Truman Joseph Stalin Winston Churchill
what was the main principle behind apartheid in south africa? class segregation racial segregation foreign control of the economy limited foreign influence
Why does southwest have a standardized fleet of boeing 737's?
Acid rain causes the pH level of soil to decrease. Which region of the United States likely experiences the most acid rain?
When the displacement of a mass on a spring is 1/2a the half of the amplitude, what fraction of the mechanical energy is kinetic energy?
​ quadrilateral abcd ​ is inscribed in circle o. what is ​ m∠c ​ ? enter your answer in the box.