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No close substitutes in monopoly

When Perpetual Motion Corporation’s recently-invented and patented teleporter buttons have no close substitutes, in that case Perpetual Motion operates: (1) along with absolute certainty of realizing a pure economic profit. (2) in violation of the laws of demand and supply. (3) as a monopoly in the teleporter button market. (4) behind the wall of an illegal barrier to entry. (5) efficiently although inequitably from the vantage of the rest of society.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

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