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2.What is meant by Monopoly Power? Explain. a. How is it measured? b.Why is it measured in that particular way? c.Give two examples of Companies

2.What is meant by Monopoly Power? Explain.

a. How is it measured?

b.Why is it measured in that particular way?

c.Give two examples of Companies that have Monopoly Power.Explain why you believe that is the case.

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