Question

define the monopoly

Answer 1

Monopoly can be defined as a market structure characterized by a single seller, selling a unique product in the market.

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Answer 2

Answer:

Hey mate

The control of an industry or services by only one company; a type of goods or a services that is controlled in this way.

OR,

The complete control , possession of use of something ; something that belongs to only one person or group and is not shared.

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