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This assignment will need to be 1,000 words. If sources are used, please be sure they are "quoted with quotations," and the reference is listed.

The query is: No firm is completely sheltered from rivals; all firms compete for all customers and their money. If that is true, pure monopoly does not exist. Do you agree? Please give an explanation in a way that demonstrates your complete understanding of monopolies.

You're assistance is appreciated. Thank you.