what is monopolistic??
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Monopolistic ❤️
✨relating to a person or business that has exclusive possession or control of the supply of or trade in a commodity or service.❤️
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Answer:
Here is the meaning of monopolistic
"relating to a person or business that has exclusive possession or control of the supply of or trade in a commodity or service."
Where a another def. which i found is monopolistic competition which is defind as;
Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another and hence are not perfect substitutes.
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