Economy, asked by hetvi27, 1 year ago

what is monopoly market?

Answers

Answered by devansh898
3
Ans-

Monopoly exists when a specific person or enterprise is the only supplier of a particular commodity.

Make me brainlist plz

hetvi27: nice answer brother
devansh898: Thx
Answered by khushboo41
5
heya!

monopoly market - There is a single firm that provides the goods of many consumers. consumer are price taker. the good has no close substitute and there are large barriers to the entry of a new firm.

hope this help !^_^

devansh898: What u mean
khushboo41: what??
khushboo41: what asj
devansh898: Me n other one
khushboo41: ask **
hetvi27: nice sister
khushboo41: thnx buddy
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