Answered

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Question 9 of 10

Which of these controls prices and availability in an industry?

A. Shareholder
B. Monopoly
C. Company
D. Corporation

Sagot :

GinnyAnswer

Final answer:

A monopoly controls prices and availability in an industry by having exclusive control over the supply of a good or service.


Explanation:

Monopoly is the type of market structure that controls prices and availability in an industry. In a monopoly, there is a single firm with exclusive control over the supply of a particular good or service, allowing them to set prices based on their output decisions. This power comes from factors like economies of scale, government restrictions, and patents.


Learn more about Monopoly and Market Control here:

https://brainly.com/question/33427912


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