About Monopoly Industries. How monopolies are protected from competition, technological advantages, and certain configurations of demand and supply

Academic Paper from the year 2017 in the subject Economics - Micro-economics, grade: 1, Post University, language: English, abstract: This paper is about monopoly industries. During this work I will outline how monopolies are protected from competition, including laws that prohibit competition, technological advantages, and certain configurations of demand and supply. Furthermore, I will then disc...