Question: One reason why technological development may lead to a monopoly is Group of answer choices any firm can implement the new technology once it becomes

One reason why technological development may lead to a monopoly is Group of answer choices any firm can implement the new technology once it becomes public knowledge old forms of production become obsolete as newer products are created new technology allows a business to take advantage of large economies of scale new start ups can enter the market and take away market share from more established firms

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