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    5. A pure Monopoly is when there is single _______.

    Question

    A pure Monopoly is when there is single

    _______.
    A Seller Correct Answer Incorrect Answer
    B Buyer Correct Answer Incorrect Answer
    C Trader Correct Answer Incorrect Answer
    D Manufacturer Correct Answer Incorrect Answer

    Solution

    A monopolyis a kind of structure that exists when onecompany or supplier produces and sells a product. If thereis a monopolyin a singlemarket with no other substitutes, itbecomes a “pure monopoly.”

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