Question

Write short note on Types of monopoly

Answer 1

can understand your question

Answer 2

Answer:

Types of monopoly

1 - Simple Monopoly : no price discrimination

Example : BSNL

2 - Discrimination : Different price for different consumes

Example : ITC Tobacco

3 - Natural Monopoly : Due to natural factors locations

Example : Gulf countries

4 - Legal Monopoly : Approved by government

5 - Technological : Due to technical superiority

Example : Intell Processor chips