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Firms can have a high degree of monopoly power and not be a perfect monopoly if they: a.are the single producer of a product. b.control
Firms can have a high degree of monopoly power and not be a perfect monopoly if they:
a.are the single producer of a product.
b.control 80 to 90 percent of the market.
c.have only a small number of competitors.
d.intimidate the other businesses in the market.
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