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A monopoly occurs when one company has total control in the production and distribution of a product or service.

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Arely Tromp

Lvl 10
3y ago

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What is an natural monopoly?

A natural monopoly exists when a single firm can supply a good or service to an entire market at a lower price than could two or more firms. Generally it arises when there are economies of scale over the relevant range of output.


How many types of monopoly exist in the market?

There are four main types of monopoly in the market: natural monopoly, geographic monopoly, technological monopoly, and government monopoly.


Kinds of monopoly?

There are many different types of Monopoly. I can name a few. : Monopoly Monopoly Spongebob Squarepants Edition Monopoly Disney Pixar Edition Monopoly Junior


Use monopoly in a sentence?

Jane has a monopoly in that area. Mary has a monopoly of banks.


What are some popular games on the Monopoly games list?

Some popular games on the Monopoly games list include Monopoly Classic, Monopoly Junior, Monopoly Empire, and Monopoly Ultimate Banking.


Is monopoly better than monopoly express or monopoly express better than monopoly?

If you want something entertaing for a short period of time Monopoly Express is better.If you want somethig that is longer , Monoploy. But you could play the original Monopoly on the Monopoly Express gameboard.


How can I collect 200 Monopoly dollars in the game Monopoly?

To collect 200 Monopoly dollars in the game Monopoly, you can pass "Go" on the game board, which rewards you with 200 Monopoly dollars.


What are the the Monopoly characters?

monopoly man


What is Spanish Monopoly?

Monopoly in spanish is...


What do you need for monopoly?

a game of monopoly


What does necessity arises mean?

Same as need arises.


How many versions of Monopoly are there available?

There are many versions of Monopoly available, with different themes and variations, such as Monopoly: Fortnite Edition, Monopoly: Disney Villains Edition, and Monopoly: Cheaters Edition.