Which term describes a company that provides all the goods and services for a particular market such that competition is nonexistent?

Name: Which term describes a company that provides all the goods and services for a particular market such that competition is nonexistent?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A monopoly is a situation in which a single company or entity is the sole provider of a particular product or service, effectively eliminating any competition in the market.

Which Term Describes a Company That Provides All the Goods