The correct answer is: C. Monopoly
A monopoly is a dominant position of an enterprise or a region by one business enterprise, to the point of with the exception of all other viable competitors. Monopolies are often discouraged in free-market nations. they are seen as main to price-gouging and deteriorating first-rate due to the dearth of opportunity choices for customers.
A monopoly is characterized by the absence of competition, which can also result in high costs for customers, inferior products and services, and corrupt business enterprise practices. A corporation that dominates a business vicinity or corporation can use that role to gain the price of its customers.
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