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Lance Lucero
History
16 October, 03:53
Why is a monopoly bad for the consumer?
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Sonny Rhodes
16 October, 04:21
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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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