king4200 king4200

18-01-2017
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ABC Carpets is a single seller that produces a good with no close substitutes. ABC Carpets has _____ of the carpet's market share.

none
half
all

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Darkwynd77 Darkwynd77

18-01-2017

A) None
B) Half
C) all
The answer would probably be C) All

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guilhermesvillela guilhermesvillela

28-02-2019

ABC Carpets has all of the carpet's market share.

By being the only seller of carpet's ABC has a monopoly on sale thus owning 100% of the market.

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