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  • 08-03-2021
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what are some potential problems that could result from a company gaining a monopoly over a good or service

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Аноним Аноним
  • 08-03-2021

Answer:

Higher prices than in competitive markets – Monopolies face inelastic demand and so can increase prices – giving consumers no alternative. ...

A decline in consumer surplus. Possible diseconomies of scale.

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