History, asked by Siddhi313600, 13 days ago

What is monopoly????????plz ans

Answers

Answered by shilpivishwakarma531

Answer:

A monopoly is a firm who is the sole seller of its product, and where there are no close substitutes. An unregulated monopoly has market power and can influence prices. Examples: Microsoft and Windows, DeBeers and diamonds, your local natural gas company.

Answered by nandanamahendrakumar

Answer: Its a board game in which players engage in simulated property and financial dealings using imitation money.

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