Economy, asked by muparariemmanuel, 5 months ago

Define the term
monopoly​

Answers

Answered by madmanmaharana80
2

Explanation:

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 Anonymous
0

Explanation:

1the exclusive possession or control of the supply of or trade in a commodity or service.

"the state's monopoly of radio and television broadcasting"

2.

TRADEMARK

a board game in which players engage in simulated property and financial dealings using imitation money. It was invented in the US and the name was coined by Charles Darrow c. 1935

there that's the answer hope it helps u ... have a great day

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