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miskamm [114]
3 years ago
11

What does monopoly mean

History
2 answers:
Darina [25.2K]3 years ago
8 0

Answer:

When  1 company has complete control over the supply/trade of a service/good/etc.

Explanation:

LiRa [457]3 years ago
5 0
A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.
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