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Brrunno [24]
3 years ago
9

.The problem or problems of Monopolies are:

Social Studies
1 answer:
bekas [8.4K]3 years ago
3 0

Answer: The most noted monopoly problem is inefficiency. Market control means that a monopoly charges a higher price and produces less output than would be achieved under perfect competition. In addition, and most indicative of inefficiency, the price charged by the monopoly is greater than the marginal cost of production.

Explanation:

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