emogalaxcy5974 emogalaxcy5974
  • 09-12-2017
  • Business
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Two conditions allow a single seller to become a monopolist. those two conditions are that the firm must:

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hisroyal1
hisroyal1 hisroyal1
  • 21-12-2017

There are two conditions that allow a single seller to become a monopolist. These two conditions are as follows:

 

1. The firm must have something unique to sell

2. The firm must have a way to prevent potential competitors from entering the market.

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