What is Monopoly Market Economics (B.A, M.A) Gurukpo

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

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