eryliemoore eryliemoore

07-04-2020
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What does monopoly mean

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asandyshi asandyshi

07-04-2020

Answer:

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

Explanation:

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arenanez arenanez

07-04-2020

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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