Give one real-life example of a monopoly (or near-monopoly) in any economy, and explain what market-entry barriers

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Give one real-life example of a monopoly (or near-monopoly) in any economy, and explain what market-entry barriers make it a monopoly.

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Microeconomics Theory and Applications with Calculus

ISBN: 978-0133019933

3rd edition

Authors: Jeffrey M. Perloff

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Posted Date: Mar 01, 2024 09:56 PM

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Give one real-life example of a monopoly (or near-monopoly) in any economy, and explain what market-entry barriers

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One reallife example of a nearmonopoly is the case of Microsoft Corporation in the operating system market Microsofts Windows operating system has lon... View the full answer

Microeconomics Theory and Applications with Calculus

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