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Economics - Financial Markets
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OpenStudy (anonymous):
A benefit of monopoly for the business owner is
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OpenStudy (anonymous):
he can decide upon the pricing of the goods.....but only to realize it to materialize profits in a limited range...
OpenStudy (anonymous):
they don't have competition.
OpenStudy (anonymous):
he will be the price maker and will face nil competition because of restriction on entry for other firms...
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