(Answered) Owning the market please respond to the followingnbspwhat

Economics

"Owning the Market" Please respond to the following:

What are the market characteristics of Monopoly. List at least two. Identify a company in your local or generalized area that you would classify as a monopoly (do not use Walmart here). Explain the key reasons why you classified the company as a monopoly.
Is Walmart a monopoly or a monopsony? Why?

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