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The simplest way for a monopoly to arise is for a single firm to a. decrease its price below its competitors' prices. b. decrease production to increase demand for its prod…
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The simplest way for a monopoly to arise is for a single firm to a. decrease its price below its competitors' prices. b. decrease production to increase demand for its prod…
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Apr 10, 2020
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The simplest way for a monopoly to arise is for a single firm to
a. decrease its price below its competitors' prices.
b. decrease production to increase demand for its product.
c. make pricing decisions jointly with other firms.
d. own a key resource.
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the answer is D, own a key source.
Alexei
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Apr 16, 2020
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