Economy, asked by Dvnsh2790, 1 month ago

More reasons for danel to be Monopoly

Answers

Answered by inspirationalsensati
0

Explanation:

7 Causes of Monopolies

High Costs Scare Competition. One cause of natural monopolies are barriers to entry. ...

Low Potential Profits Are Unattractive to Competitors. Potential profits are a key indicator to potential businesses. ...

Ownership of a key resource. ...

Patents. ...

Restrictions on Imports. ...

Baby Markets. ...

Geographic Markets.

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