How monopolies in real world earn huge rates of return

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Monopoly is often heralded as the ultimate goal of a firm, to be the only seller in a market. however the picture might not be as rosy as it appears if you actually reach monoply status. Why is that? Do monopolies in the real world earn huge rates of return?

Reference no: EM1359981

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How monopolies in real world earn huge rates of return : Monopoly is often heralded as the ultimate goal of a firm, to be the only seller in a market. however the picture might not be as rosy as it appears if you actually reach monoply status. Why is that. How monopolies in real world earn huge rates of..

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