Answer to Question #40374 in Economics of Enterprise for AADESH GAWDE

Question #40374
what is monopolist and oligopolist
1
Expert's answer
2014-03-20T04:59:40-0400
We can believe that monopolists is only one (an individual or company) that controls all of the market for
a particular good or service, oligopolists are at least two persons or firms that controls all of the market for
a particular good or service.

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