In a certain town, ST Bazaar is the only option for people to buy groceries. A healthy marketplace is characterized by competition and not monopoly. Which conclusion follows the given statements? A. ST Bazaar is a family owned business B. ST Bazaar is a super market C. ST Bazaar has a monopoly in the town D. ST Bazaar is liked by most people of the town.

In a certain town, ST Bazaar is the only option for people to buy groceries. A healthy marketplace is characterized by competition and not monopoly. Which conclusion follows the given statements? A. ST Bazaar is a family owned business B. ST Bazaar is a super market C. ST Bazaar has a monopoly in the town D. ST Bazaar is liked by most people of the town. Correct Answer C

Since it is said that it In a certain town, ST Bazaar is the only option for people to buy groceries and it also says A healthy marketplace is characterized by competition and not a monopoly. and ST Bazaar  is the only option, then it rules the monopoly in that place.e, 

Hence, ST Bazaar has a monopoly in the town is the correct statement.

Related Questions

In a certain town, a grocery store is the only option for people to buy groceries. A healthy marketplace is characterized by competition and not a monopoly. Choose the correct answer from the given options.