Business Studies, asked by omarsayyed177, 8 months ago

explain the types of monopoly

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Answered by sinu2219

0

Pure monopoly is that type of monopoly in which a single firm which controls the supply of a commodity which has no substitutes not even a remote one. ... While imperfect monopoly means a limited degree of Monopoly. It refers to a single firm which produces a commodity having no close substitutes.

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Answered by pravalika1006

1

Explanation:

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