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Understanding Monopolies in Economics

Understanding Monopolies in Economics

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This Free Online Course Includes:
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  • CPD Accreditation
  • Final Assessment
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Understanding Monopolies in Economics

Find out about the various economic and financial implications of monopolies existing within any business sector.
With this free online course on understanding monopolies, you will study market situa... With this free online course on understanding monopolies, you will study market situations where one producer or a group of producers acting in concert controls the supply of goods or a service. Learn about how they can prevent the entry of new suppliers into a market, and exert influence by keeping prices high and restricting output, and how they tend to show little or no responsiveness to the needs of their customers.

In This Free Course, You Will Learn How To

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