Examlex
_____ is an example of an online payment service.
Major League Baseball
Major League Baseball is a professional baseball organization and the oldest of the major professional sports leagues in the United States and Canada.
Monopoly Firm
A business entity that is the sole provider of a particular product or service in the market, resulting in the lack of competition.
Pure Monopoly
A market structure where a single seller controls the entire market for a particular good or service with no close substitutes.
Close Substitutes
Products or services that can easily replace each other in the eyes of the consumer, having a high degree of interchangeability.
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