Think of two examples of pure monopoly in the real, Ask an Expert

Economics

Think of two examples of pure monopoly in the real world-one of a public good and one of a private good. Then, with reference to both examples, post a response to the following:

1. Can both monopolies continue endlessly? Why or why not for each example?

2. What factors could cause the monopolies to end?

3. Is there a difference between the public monopoly and a private monopoly?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9745227

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