Question

What is monopoly
what is doctrine​

Answer 1

Explanation:

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Answer 2

Monopoly can be defined as follows:

Explanation: The term Monopoly can be divided into two parts i.e. 'Mono' and 'Poly' where 'mono; refers to the 'sole' and 'poly' refers to the 'seller'. This means that monopoly refers to the sole seller's control. In brief, it refers to that form of the market in which there are many buyers but a single seller selling the product with no substitutes. Example: Indian Railways.

Doctrine can be defined as follows:

Explanation: Doctrine means a belief or set of beliefs held and taught by a Church, political party, or other group.

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