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    Exam 1: Exploring the World of Business and Economics
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    A Market or Industry with Only One Seller Is Referred
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A Market or Industry with Only One Seller Is Referred

Question 124

Question 124

Multiple Choice

A market or industry with only one seller is referred to as


A) a limited command system.
B) a monopoly.
C) an oligopoly.
D) monopolistic competition.
E) a perfect competitive market.

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