Register
What do you mean by monopoly market​
103,484 views
40 votes
40 votes
What do you mean by monopoly market​

User Keithernet
by
3.3k points

2 Answers

16 votes
16 votes

Answer:

the market is run by companies who have bought out most of the competition

User Darren Gansberg
by
2.9k points
10 votes
10 votes

Answer:

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.

User Williambq
by
2.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

Soon after a volcano becomes an island, coral reefs start growing around its edges. These reefs are called a. barrier reefs b. fringing reefs c. artificial reefs
The powers of the federal government are A. explained in the Constitution. B. decided by the states. C. protected in the Bill of Rights. D. shared by state governments.
The department that oversees the application of antitrust laws and environmental and civil rights issues and runs the Federal Bureau of Investigation and the Drug Enforcement Administration is the _____.
What two developments changed life in preindustrial societies?
6.4 List two issues in sports that can disturb the implementation of nation-building​
Link Copied!