A market structure in which a single seller dominates trade in a good or service for which buyers can find no close substitutes is called a(n) _____.

Name: A market structure in which a single seller dominates trade in a good or service for which buyers can find no close substitutes is called a(n) _____.
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A monopoly is a market structure where a single seller dominates the market, often with no close substitutes for the product or service they offer, fitting the description provided.

A Market Structure in Which a Single Seller Dominates Trade