MONOPOLY Pure monopoly: A market that has only one seller and many buyers. Pure monopoly is rare, but in most markets only a few firms compete with each other. So we better say pure monopoly as a market that has one seller…
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MONOPOLY Pure monopoly: A market that has only one seller and many buyers. Pure monopoly is rare, but in most markets only a few firms compete with each other. So we better say pure monopoly as a market that has one seller…
read more