Problem1 british gas is a monopoly why then does it spend, Ask an Expert

Economics

Problem

1. British Gas is a monopoly. Why, then, does it spend so much money on television advertising?

2. Is it possible for a monopoly to make losses?

3. Make a list of the advantages and disadvantages of monopolies. Are monopolies necessarily undesirable?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92761760

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