Advantages and Disadvantages of Monopoly?


An advantage of a monopoly is that duplication and wasting of services is not possible. Another advantage is that the profitable nature of this type of company allows it to be used for research purposes. A major disadvantage of a monopoly is that the quality of service is usually lacking. Another disadvantage is that consumers are often charged higher prices due to the duplication of resources not being available. Additionally, products made by these means are often of lesser quality.
Q&A Related to "Advantages and Disadvantages of Monopoly?"
i want to know about monopoly.
Advantages: Ability to build very strong brands, with high sales and high profits. Their shareholders receive good dividends. These businesses can produce at lower cost than smaller
There are so many in the
Mutual funds. are currently the most popular investment vehicle and provide several advantages to investors, including the following: However, there are also disadvantages of mutual
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