A is a company that owns most of its market share and can set its own price.
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Total purchases of a customer of a product/service, what percentage goes to a company defines its market share.
Consumers as a whole buy 100 soaps and 40 of which are from A company that company holds 40% market share.
There are various types of market share. Market shares can be value/volume.
Value market share depends on the total share of a company out of total segment sales.
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The correct answer is:
monopoly
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