English, asked by aarifshaikh8731, 11 months ago

Factors responsible for creating conditions for emergence and growth of monopoly are​

Answers

Answered by ranaveena01982
1

Answer:

Restrictions on Entry and Exit:

As a result, a monopoly firm can earn abnormal profits and losses in the long run. These barriers may be due to legal restrictions like licensing or patent rights or due to restrictions created by firms in the form of cartel.

Explanation:

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