In the monopoly industry they have a single seller of a product and that particular product has no close substitutes. There is no competition in such market structure as there is only one seller. There is no control on prices as it depends on the demand of the product. Examples are local telephone service and water supply.
What are the five different institutions of World Bank?
Do you know when and where did the 'oil for food scandal' occurred?
Tell me the examples of free market economy?
What is the importance of World Bank?
How to deciding the options for the policies to develop a foreign policy concept?
How to making formal decisions to develop a foreign policy concept?
How to setting up a goal to develop a foreign policy concept?
What is World Bank?
Define Classical realism IR theory?
What actors are involved in international relations?
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