A monopoly may be earned or thrust upon a monopolist.

Name: A monopoly may be earned or thrust upon a monopolist.
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Question

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A monopoly may be earned when it is innocently acquired via "superior skill,foresight,or industry".Sometimes a monopoly may be "thrust upon" a monopolist because the competition failed or because of "natural monopoly" conditions where the market will support only one firm or where large economies of scale exist.

A Monopoly May Be Earned or Thrust Upon a Monopolist