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andrey2020 [161]
3 years ago
10

What is a pure monopoly

History
1 answer:
Ulleksa [173]3 years ago
6 0
A company with a pure monopoly means that a company is the only seller in a market with no other close substitutes. ... Also, with pure monopolies, there are high barriers to entry, such as significant start-up costs preventing competitors from entering the market.
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