main characters of monopoly
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A monopoly can be recognized by certain characteristics that set it aside from the other market structures:
Profit maximizer: a monopoly maximizes profits. ...Price maker: the monopoly decides the price of the good or product being sold. ...High barriers to entry: other sellers are unable to enter the market of the monopoly.
Profit maximizer: a monopoly maximizes profits. ...Price maker: the monopoly decides the price of the good or product being sold. ...High barriers to entry: other sellers are unable to enter the market of the monopoly.
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they have already don,t understand the people think.like a dictatorship
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