Answer:
Monopoly
Explanation:
the exclusive possession or control of the supply of or trade in a commodity or service
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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Answers & Comments
Answer:
Monopoly
Explanation:
the exclusive possession or control of the supply of or trade in a commodity or service
Answer:
Monopoly
Explanation:
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.