Logical Reasoning - Essential Part - Discussion
Discussion Forum : Essential Part - Type 1 (Q.No. 8)
Directions to Solve
Each question has an underlined word followed by four answer choices. You will choose the word that is a necessary part of the underlined word.
8.
monopoly
Answer: Option
Explanation:
The essential part of a monopoly is that it involves exclusive ownership or control.
Discussion:
16 comments Page 1 of 2.
Visva said:
7 years ago
What connection between monopoly and exclusive?
(1)
Shaista said:
9 years ago
You are right and I agree with you @Pavan.
(1)
Pavan said:
9 years ago
Monopoly means single seller and more buyers and there is no competition.
(1)
Vikas said:
10 years ago
Monopoly means exclusive (individual Right) control on commodity market.
(1)
Upender Singh Rajput said:
1 decade ago
'monopoly'means number of buyers and seller are one in the market. So I think'exclusive' is not right?
(1)
Tabrej said:
1 decade ago
Gigantic mean huge, large, enormous.
(1)
Pankti said:
1 decade ago
What is Gigantic?
Shanaya said:
1 decade ago
Monopoly exists in market when there is number of buyers and seller is one. There is no competition in the market. Because buyers are many then a seller can charge cost of the product at high rate.
Nilamadhab said:
1 decade ago
What is monopoly?
Sachin Nirmal said:
1 decade ago
Monopoly means not allowing other or no other option other than what we get ?
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