Presentation on Monopoly, Concept of Monopoly

The concept of Monopoly deals with a stable market condition where only one good or service provider exists, without undergoing any competition. The characteristic features of the Theory of Monopoly are: Absence of feasible products, Lack of competition on the economic levels. Monopolists are basically price-makers of their own products.
This piece of information (presentation) has excessive conceptual material on the topic of Monopoly. It also describes the various forms of Monopoly…..!