Find the synonym for the underlined words.
These local competitors have been eliminated. Wallmart is free to raise the prices again, since it has established itself as a local Monopoly:
Find the synonym for the underlined words.
These local competitors have been eliminated. Wallmart is free to raise the prices again, since it has established itself as a local Monopoly:
Solution
✅ Correct Option: 2
Monopoly refers to a market condition where there is only a single seller, controlling supply and prices. Hence, 'Single seller' is correct.
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