Which market structure features a single seller with no close substitutes? 👤 By TheQuizWire ✅ Fact Checked 📊 Difficulty Easy 📅 Last Updated 01 Dec 2025 A. Perfect Competition B. Oligopoly C. Monopoly D. Monopsony Check Answer 💡 Explanation: A monopoly exists when a single firm controls the entire supply of a product, lacking competition or substitutes. 📚 Topics: Business and Economics Economics 🎯 Exams: CSS GEN NTS PMS
