A monopoly is a market structure in which a single seller or producer dominates and controls the supply of a particular product or service. In a monopoly, there are no close substitutes, and the monopolist has significant market power. Visit: https://www.gozellecpe.com/courses/Monopolies

A monopoly is a market structure in which a single seller or producer dominates and controls the supply of a particular product or service. In a monopoly, there are no close substitutes, and the monopolist has significant market power. Visit: https://www.gozellecpe.com/courses/Monopolies