What is monopoly?

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What is monopoly?

A monopoly is a market structure in which there is only one producer/seller for a product.

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Asked 6/18/2012 7:43:49 AM

Updated 7/11/2016 3:45:40 PM

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Edited by jeifunk [7/11/2016 3:45:40 PM]

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emdjay23

A monopoly is a market structure in which there is only one producer/seller for a product.

Added 7/11/2016 3:45:14 PM

This answer has been confirmed as correct and helpful.

Confirmed by jeifunk [7/11/2016 3:45:41 PM]

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