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Tamil Nadu Board of Secondary EducationSSLC (English Medium) Class 7

Refers to a market structure in which there is a single producer or seller that has a control on the entire market. - Social Science

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Question

______ refers to a market structure in which there is a single producer or seller that has a control on the entire market.

Fill in the Blanks

Solution

Monopoly refers to a market structure in which there is a single producer or seller that has a control on the entire market.

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Classification of Markets
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Chapter 3.2: Market and Consumer Protection - Evaluation [Page 197]

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Samacheer Kalvi Social Science - Term 3 [English] Class 7 TN Board
Chapter 3.2 Market and Consumer Protection
Evaluation | Q II. 3. | Page 197
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