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Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 1
Which of the folcould explain why a firm is a monopoly? Select one or more answers from the choices shown.
A) Patents.
B) Economies of scale.
C) Inelastic demand.
D) Government licenses.
E) Downsmarket demand.
A) Patents.
B) Economies of scale.
C) Inelastic demand.
D) Government licenses.
E) Downsmarket demand.
Explanation
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Monopoly refers to the market structure ...
Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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