Sawaal
4
Q:

A monopoly is a market that has

A) single seller B) single buyer
C) single seller and single buyer D) a seller but no buyer

Answer:   A) single seller



Explanation:

A monopoly is a market that has a single seller of a unique product in the market. He does not have any competition in the market as he has no substitute product for the product he is selling.

Subject: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO
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