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  • 21-04-2021
  • Business
contestada

Explain why monopolies do exist?

Respuesta :

riskerzero3
riskerzero3 riskerzero3
  • 21-04-2021

Answer:

When one company exerts sole control over a resource that is necessary for the production of a specific product, the market may become a monopoly.

Explanation:

This is because you can control companies if you are the only place available for a resource for example water in dry contents

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