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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
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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.

User CKKiller
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1 Answer

1 vote

the answer is D, own a key source.

User Alexei
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