Question

explain about monopoly of trade​

Answer 1

$\huge \bold \red{answer}$

A MARKET STRUCTURE CHARACTERISED BY A SINGLE SELLER, SELLING A UNIQUE PRODUCT IN THE MARKET. IN A MONOPOLY MARKET, THE SELLER FACES NO COMPETITION, AS HE IS THE SOLE SELLER OF GOODS WITH NO CLOSE SUBSTITUTE.

HOPE IT'S HELP UH ✌️✌️

Answer 2

Explain about monopoly of Trade .

____________________❤

Answer :-- A market structure characterized by a single seller, selling a unique product in the market . In a monopoly market , the seller faces no competition , as he is the sole seller of goods with no close substitute... All these factors restrict the entry of other sellers in the market....

Kεεþ αŠKiηg..✔✔

ßε βrαiηlγ....⭐☺

_________________❤