How does the monopoly maximises profit


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Briefly describe what a monopoly is and give an example using the characteristics of monopoly. State what are the barriers for entry that market. How does the monopoly maximises profit and what is the role of the government? Analyse and evaluate an example of natural monopoly in Oman.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Business Management: How does the monopoly maximises profit
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