<prompt> Hlalosa phapang pakeng tsa monopoly le oligopolynan  <response>: Instruction in English: Describe the difference between a monopoly and an oligopoly . Response in English: A monopoly and an oligopoly are both market structures in which there is a limited amount of competition. However, there are some key differences between the two.A monopoly is a market structure in which there is only one supplier or seller of a good or service. This single supplier has complete control over the market and is able to set prices as they see fit since consumers have no other options. The lack of competition can lead to high prices and reduced innovation, which is why monopolies are often regulated by government.In contrast, an oligopoly is a market structure in which a small number of firms control the majority of the market share. These firms often compete fiercely with one another and may engage in strategic behavior such as price fixing or collusion. While there is more competition in an oligopoly compared to a monopoly, the small number of firms can still result in high prices and reduced innovation.In summary, the key difference between a monopoly and an oligopoly is the number of firms and the degree of competition in the market. In a monopoly, there is only one supplier and no competition, whereas in an oligopoly there are a few large firms that compete with one another. . Response in Sesotho: Monopoly le oligopoly ka bobeli ke mekhoa ea maraka eo ho eona ho nang le tlhōlisano e fokolang. Leha ho le joalo, ho na le phapang e itseng ea bohlokoa pakeng tsa tse peli. Monopoly ke sebopeho sa mmaraka moo ho nang le morekisi kapa morekisi a le mong oa thepa kapa litšebeletso. Mofani enoa a le mong o na le taolo e felletseng holima maraka mme o khona ho beha litheko kamoo a bonang ho loketse kaha bareki ha ba na likhetho tse ling. Ho haella ha tlhōlisano ho ka lebisa ho theko e phahameng le ho fokotsa mekhoa e mecha, ke ka lebaka leo li-monopolies hangata li laoloang ke muso. Ka lehlakoreng le leng, oligopoly ke sebopeho sa mmaraka moo palo e nyane ea lifeme e laolang boholo ba karolo ea mmaraka. Hangata lifeme tsena li qothisana lehlokoa le tse ling me li ka kenya letsoho boitšoarong bo kang ba ho lokisa litheko kapa ho qhekellana. Le hoja ho na le tlhōlisano e ngata ho oligopoly ha e bapisoa le monopoly, palo e nyenyane ea lifeme e ntse e ka fella ka litheko tse phahameng le ho fokotsa mekhoa e mecha. Ka bokhutšoanyane, phapang e ka sehloohong pakeng tsa monopoly le oligopoly ke palo ea lifeme le tekanyo ea tlhōlisano marakeng. Ho monopoly, ho na le mofani oa thepa a le mong feela me ha ho na tlhōlisano, athe ho oligopoly ho na le lifeme tse maloa tse kholo tse qothisanang lehlokoa le tse ling. 