Monopoly is often heralded as the ultimate goal of a firm, Ask an Expert

Economics

Monopoly is often heralded as the ultimate goal of a firm, to be the only seller in a market. however the picture might not be as rosy as it appears if you actually reach monoply status. Why is that? Do monopolies in the real world earn huge rates of return?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9280296

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