Business Studies, asked by somya29, 1 year ago

What is monopoly power?

Answers

Answered by alishass
3
Hey frnd....
Monopoly power exists through a person or enterprise who is the only supplier of a particular commodity.
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Answered by Debprotim27
2
Degree of price setting power held by a supplier on the basis of its market share is known as the monopoly power.
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