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…………… it is the form of the market in which the only seller of a commodity has fully control over the prices

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Question:

…………… it is the form of the market in which the only seller of a commodity has fully control over the prices

A.

Monopoly

B.

Pure monopoly

C.

Simple monopoly

D.

All the three

Answer» b. Pure monopoly

Note: The above multiple-choice question is for all general and Competitive Exams in India.