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Types of Monopolies
Use what you have learned about monopolies to complete th
Monopolies
competition in the market.
In a government monopoly, a producer controls the marke
consumers.
In a government monopoly, a producer controls the marke
What do monopolies do to competition in the market

Respuesta :

jaquelinefvr

A monopoly can be understood as a market situation where only one company has all the market share, being responsible for controlling production and prices.There are three types of monopoly:

  1. Natural monopoly
  2. Oligopoly
  3. Monopolistic competition

What is the government's role in relation to monopolies?

The government is able to control and combat the emergence of monopolies through the creation of policies and regulations, as cartels and price abuses can occur.

Therefore, in addition to controlling monopolies, the government can also guarantee the right to property and patent, creating legal monopolies in the interest of the economy and development of a country.

Find out more about monopoly here:

https://brainly.com/question/13113415

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