response dq2

Open Posted By: ahmad8858 Date: 15/12/2020 High School Case Study Writing


Class, a narrow definition of monopoly is that a firm has a monopoly if it can ignore the actions of all other firms. Under a broad definition, a firm has a monopoly if no other firms are selling a substitute close enough that the firm’s economic profits are competed away in the long run. If you were to own the only furniture store in a small town, would you be considered to have a monopoly?

http://cnx.org/contents/[email protected]:[email protected]/Corporate-Mergers  

Category: Accounting & Finance Subjects: Behavioral Finance Deadline: 24 Hours Budget: $80 - $120 Pages: 2-3 Pages (Short Assignment)