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Wyatt Walters
30 April, 20:12
Why monopolies are considered to be bad?
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Yandel Mercado
30 April, 21:18
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Answer & Explanation:
The advantage of monopolies is an ensured consistent supply of a commodity that is too expensive to provide in a competitive market. An electric company is a good example of a needed monopoly. The disadvantages of monopolies are: Price fixing privileges that allow them to dictate prices, regardless of demand.
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