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10 June, 16:13

Two conditions allow a single seller to become a monopolist. those two conditions are that the firm must:

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  1. 10 June, 18:07
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    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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