Which is the form of market where there is lack of competition? [#1179]

A monopoly market, in simple terms, means a single seller selling a unique product. The seller dominates the market by offering a unique product, setting its own prices, and high barriers restricting new entrants.

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A monopoly market, in simple terms, means a single seller selling a unique product. The seller dominates the market by offering a unique product, setting its own prices, and high barriers restricting new entrants.

Damascus is the capital of the Syrian Arab Republic; it is likely also the country's largest city, following the decline in population of Aleppo due to the battle for the city. It is colloquially known in Syria as ash-Sham and titled the City of Jasmine.

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Damascus is the capital of the Syrian Arab Republic; it is likely also the country's largest city, following the decline in population of Aleppo due to the battle for the city. It is colloquially known in Syria as ash-Sham and titled the City of Jasmine.

The Great Pyramid of Giza, built for Pharaoh Khufu, is the oldest and only remaining ancient wonder still standing.

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The Great Pyramid of Giza, built for Pharaoh Khufu, is the oldest and only remaining ancient wonder still standing.

The Varman dynasty ruled the ancient kingdom of Kamarupa in the Brahmaputra Valley from the 4th to the 7th century CE. During their reign, they built several temples, monuments, and cities, and developed a distinct culture that blended Indian and Southeast Asian influences.

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The Varman dynasty ruled the ancient kingdom of Kamarupa in the Brahmaputra Valley from the 4th to the 7th century CE. During their reign, they built several temples, monuments, and cities, and developed a distinct culture that blended Indian and Southeast Asian influences.

Myanmar is formerly known as Burma, and its official currency is called the Myanmar Kyat (MMK). The kyat was initially derived from the ancient Burmese unit of measurement known as the kyattha, which was equivalent to 16.3 grammes of silver. One kyat is equal to one hundred pyas (also written as pyat).

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Myanmar is formerly known as Burma, and its official currency is called the Myanmar Kyat (MMK). The kyat was initially derived from the ancient Burmese unit of measurement known as the kyattha, which was equivalent to 16.3 grammes of silver. One kyat is equal to one hundred pyas (also written as pyat).

Womesh Chandra Bonnerjee was the first Indian to become the President of the Indian National Congress in 1885.

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Womesh Chandra Bonnerjee was the first Indian to become the President of the Indian National Congress in 1885.

Ignited Minds is a book by Dr. APJ Abdul Kalam, the former President of India and also known as the Missile Man of India for his work in development of missiles and launch vehicles. In this book Dr. Kalam talks about his dream of developed India.

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Ignited Minds is a book by Dr. APJ Abdul Kalam, the former President of India and also known as the Missile Man of India for his work in development of missiles and launch vehicles. In this book Dr. Kalam talks about his dream of developed India.

The building was designed by the British architects Sir Edwin Lutyens and Sir Herbert Baker in 1912–1913. The structure was built over a period of six years, starting in 1921 and culminating in 1927.

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The building was designed by the British architects Sir Edwin Lutyens and Sir Herbert Baker in 1912–1913. The structure was built over a period of six years, starting in 1921 and culminating in 1927.

In geometry, a vertex (plural: vertices) is the point where two or more lines, rays, or edges meet, like the corner of a triangle or the point where two streets intersect.

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In geometry, a vertex (plural: vertices) is the point where two or more lines, rays, or edges meet, like the corner of a triangle or the point where two streets intersect.

The Hawa Mahal is a palace in the city of Jaipur, Rajasthan, India. Built from red and pink sandstone, it is on the edge of the City Palace, Jaipur, and extends to the Zenana, or women's chambers. The structure was built in 1799 by the Maharaja Sawai Pratap Singh, grandson of Maharaja Sawai Jai Singh, the founder of the city of Jhunjhunu in the state of Rajasthan.

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The Hawa Mahal is a palace in the city of Jaipur, Rajasthan, India. Built from red and pink sandstone, it is on the edge of the City Palace, Jaipur, and extends to the Zenana, or women's chambers. The structure was built in 1799 by the Maharaja Sawai Pratap Singh, grandson of Maharaja Sawai Jai Singh, the founder of the city of Jhunjhunu in the state of Rajasthan.

Ganymede, a moon of Jupiter, is the largest natural satellite in the solar system, with a diameter of approximately 5,262 kilometers (3,270 miles). It is even larger than the planet Mercury

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Ganymede, a moon of Jupiter, is the largest natural satellite in the solar system, with a diameter of approximately 5,262 kilometers (3,270 miles). It is even larger than the planet Mercury