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30-03-2016
Business

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You own a monopoly in a new computer game market, where you have _____ market share.

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meerkat18 meerkat18

10-04-2016

You own a monopoly in a new computer game market, where you have ONE HUNDRED PERCENT (100%) market share.

A single seller having 100% market share is known as pure monopoly.

Monopoly is a market condition wherein a single seller or company supplies the market a certain product or commodity. This is a market where competition is absent.

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