Dr. Arti Upadhyay, Assistant Professor, Biyani Girls College explains about monopoly market. It is a situation in which only one seller of a product will be a barrier to the entry of others. The product has no close substitute. The cross elasticity of demand with every other product is very low. www.gurukpo.com www.biyanicolleges.org
What is Monopoly Market Economics (B.A, M.A) Gurukpo
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