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question 1 & 2. please be clear
1 of 10 (0 complete) 12.1 Review Quiz 1 (static) How does monopoly arise? A monopoly arises when a firm produces a good or se
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Answer #1

1.A monopoly produces a good with no close substitutes and the firm is protected by barriers to entry.

Answer-D

2.Only C is correct.

Answer-C

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