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Identify one company that you would consider a monopoly (not covered in our powerpoint presentation in class). State the following: ( PLEASE USE AMAZON )
Identify one company that you would consider a monopoly (not covered in our powerpoint presentation in class). State the following: ( PLEASE USE AMAZON )
1- Name and description of the company (brief)
2- One major product/service they manufacture
3- Describe how they became a monopoly (based on the 3 ways to achieve monopoly market power)?
4- How would your monopolist maximize its profits?
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