Economy, asked by msharma902, 7 months ago

define or example the concept private monopoly

Answers

Answered by anilkumarah72

Answer:

A monopoly is a firm who is the sole seller of its product, and where there are no close substitutes. An unregulated monopoly has market power and can influence prices. Examples: Microsoft and Windows, DeBeers and diamonds, your local natural gas company.

Answered by abhisheksoni13892

Answer:

self control in the market

Explanation:

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