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Home Q & A Board Humanities Legal Studies
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gordies gordies
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6 years ago
There is no exact definition of a monopoly, but in general a monopoly:
 a. exists when one or a few firms dominate the sales of a product or service b. one firm makes a better product than others in the same market
  c. consumers prefer one firm over all others
  d. one firm has more than 30 of the market share for a certain product e. a firm does not have to pay any federal taxes
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breohbreoh
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6 years ago
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gordies Author
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6 years ago
Thanks for your help!!
megan.xo
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Yesterday
Thanks
joyceess
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2 hours ago
Good timing, thanks!
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