Business Studies, asked by hailefekadu71, 2 months ago

describe graphically the pricing and profit determination under monopoly market

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Answered by anmol6745kumar

Answer:

Monopoly refers to a market structure in which there is a single producer or seller that has a control on the entire market. ... This single seller deals in the products that have no close substitutes and has a direct demand, supply, and prices of a product.

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