What is a Geographic Monopoly?
A geographic monopoly is a market who’s geographic area is so limited that a single seller can control an items manufacture, sale, distribution or price.
Click here to save this Post as PDF
Somtochukwu
Visionary Leader and Development Economist in Nigeria. CEO at Bufiredd Economic Consults Ltd
Latest posts by Somtochukwu (see all)
- Stock Exchange; Definition, Division and Functions - January 18, 2024
- What is a Cheque? Features & Function of a Cheque - January 17, 2024
- Some of the Various Ways the Government Participates in the Economic Activities of a country. - November 30, 2023