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Q2 . See around you and pick up a firm which is either dominating the market or trying to create monopoly. (a) Write in brief
Q2. See around you and pick up a firm which is either dominating the market or trying to create monopoly.
- (a) Write in brief about the firm chosen and explain how the firm is trying to create monopoly or dominating the market?
- (b) Elaborate your opinion, why we as a society should worry about a firm trying to create monopoly?
- (c) Discuss some policy options a government could have to intervene in such market and prevent the monopoly creation.
I NEED TWO ANSWERS WITH EXPLANATION FOR THESE QUESTIONS
Mention the number of each question in answer
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