<prompt> Hlalosa phapang pakeng tsa bonohe le tlhōlisano e sa phethahalang.nan  <response>: Instruction in English: Explain the difference between monopoly and imperfect competition. . Response in English: Monopoly and imperfect competition are two types of market structures, which describe the level of competition within a specific market. Here are the key differences between the two:Monopoly:A monopoly is a market structure in which there is only one seller of a particular product or service. This single firm has complete control over the market and is the only firm that can provide that product or service in a given geographic area. This firm can set its own prices and can restrict output to maintain high prices, as there is no competition. Barriers to entry, such as patents or government regulations, often prevent other firms from entering the market.Imperfect competition:In contrast, imperfect competition refers to market structures in which there are multiple buyers and sellers, but the market is not perfectly competitive i.e. not all firms are price-takers. This category includes monopolistic competition, oligopoly, and duopoly. In these market structures, firms have some degree of market power, meaning that they can influence the price of their product through their decisions about output and pricing. Barriers to entry exist but are not as strong as in a monopoly, so new firms may enter the market, but there may still be significant obstacles to overcome.In summary, the main difference between a monopoly and imperfect competition is the number of firms operating in the market. In a monopoly, there is only one firm, while in imperfect competition, there are multiple firms, each with varying degrees of market power. . Response in Sesotho: Tlholisano e le ngoe le e sa phethahalang ke mefuta e meli ea mekhoa ea maraka, e hlalosang boemo ba tlhōlisano ka hara maraka a itseng. Liphapano tsa bohlokoa lipakeng tsa tse peli ke tsena: Monopoly: Monopoly ke sebopeho sa maraka seo ho sona ho nang le morekisi a le mong oa sehlahisoa kapa tšebeletso e itseng. Feme ena e le ngoe e na le taolo e felletseng holima maraka mme ke eona feela feme e ka fanang ka sehlahisoa kapa tšebeletso eo sebakeng se itseng. Feme ena e ka ipehela litheko mme e ka thibela tlhahiso ho boloka litheko tse phahameng, kaha ha ho na tlholisano. Litšitiso tsa ho kena, joalo ka litokelo tsa molao kapa melaoana ea mmuso, hangata li thibela lifeme tse ling ho kena marakeng. Tlholisano e sa phethahalang: Ka lehlakoreng le leng, tlholisano e sa phethahalang e bua ka meaho ea mebaraka eo ho eona ho nang le bareki le barekisi ba bangata, empa maraka ha o na tlholisano e phethahetseng ke hore ha se lifeme tsohle tse nkang litheko. Sehlopha sena se kenyelletsa tlholisano ea monopolistic, oligopoly, le duopoly. Mekhatlong ena ea mebaraka, lifeme li na le tekanyo e itseng ea matla a maraka, ho bolelang hore li ka susumetsa theko ea sehlahisoa sa tsona ka liqeto tsa tsona mabapi le tlhahiso le litheko. Litšitiso tsa ho kena li teng empa ha li matla joalo ka ha li le monopoly, kahoo lifeme tse ncha li ka kena marakeng, empa ho ntse ho ka ba le litšitiso tse kholo tse lokelang ho hlōloa. Ka kakaretso, phapang e kholo lipakeng tsa tlholisano ea monopoly le e sa phethahalang ke palo ea lifeme tse sebetsang marakeng. Boemong bo ikemetseng, ho na le feme e le ngoe feela, athe tlholisanong e sa phethahalang, ho na le lifeme tse ngata, e ngoe le e ngoe e na le matla a fapaneng a matla a mmaraka. 