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l0e4hamnMomolinh
l0e4hamnMomolinh l0e4hamnMomolinh
  • 30-03-2016
  • Business
Answered

You own a monopoly in a new computer game market, where you have _____ market share.

Verified Answer :

meerkat18
meerkat18 meerkat18
  • 09-04-2016

You own a monopoly in a new computer game market, where you have ONE HUNDRED PERCENT (100%) market share.

A single seller having 100% market share is known as pure monopoly. 

Monopoly is a market condition wherein a single seller or company supplies the market a certain product or commodity. This is a market where competition is absent.

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