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प्रश्न
Identify & explain the concept from the given illustration.
Anoop Ayurveda produces unique herbal hair oil which has no close substitutes.
टीपा लिहा
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उत्तर
Concept: Monopoly
Explanation:
- Monopoly is a market in which there is only one seller who controls the entire market supply for a product which has no close substitute.
- Since herbal hair oil produced by Anoop Ayurveda has no close substitutes, this illustration is related to the concept of ‘monopoly.’
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