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State four factors that gives rise to a monopoly.

State four factors that gives rise to a monopoly.

Answers


gideon
-High capital requirements.
-Forming cartels.
-Laws that allow only one firm to operate.
-Patent/copyrights.
-Control of key raw materials
-Exclusive technical knowledge on productivity.
-Substantial economies of scale
gideon1 answered the question on October 14, 2017 at 09:54

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