Question

Find the odd one out .

• A. Monopoly may be the result of control over raw materials
• B. Monopoly may be the result of business combines
• C. Monopoly may be the result of patents, copyrights, etc.
• D. Monopoly may be the result of control over demand of commodity

Answer 1

The correct option is A Monopoly may be the result of control over raw materials

In a monopoly competition, there is only one seller and huge number of buyers due to which there remains no competition for the seller and no substitutes for the buyers. It may be the result of two or more business combines; patents or copyrights etc and control over the demand of the commodity by adding unique selling proportion in the commodity.