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tamaranim1 [39]
3 years ago
9

What is a monopoly and how does this type of business operate

History
1 answer:
pogonyaev3 years ago
5 0
The term monopoly is characterized by the absence of competition, which can lead to high costs for consumers, inferior products and services, and corrupt behavior. A company that dominates a business sector or industry can use that dominance to its advantage.
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