Section: Social Studies

116) A business that controls a market is commonly referred to as:

1. A duopoly
   
2. A monopoly
   
3. A non-profit organization
   
4. An empire

Duopoly is similar to monopoly, only it is two businesses instead of one. Non-profits aren't in business to make a profit, and the term "empire" is more often applied in military terms. Plus, mono means one.