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What are the market characteristics of monopoly

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Reference no: EM131491682

Economics Discussion: "Owning the Market"

Please respond to the following:

• What are the market characteristics of Monopoly. List at least two.

• Identify a company in your local or generalized area that you would classify as a monopoly (do not use Walmart here). Explain the key reasons why you classified the company as a monopoly.

• Is Walmart a monopoly or a monopsony? Why?

See funny below about the ATT monopoly!

Watch Video

Name: colbert-report-roasts-att-cingular.mp4
Added: 2017 Feb 04 04:24 PM
Added By: BERNADETTE WEST
Description: Funny video about the ATT monopoly.
Tags: monopoly, att, cingular, colbert

Reference no: EM131491682

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