Problem
1. British Gas is a monopoly. Why, then, does it spend so much money on television advertising?
2. Is it possible for a monopoly to make losses?
3. Make a list of the advantages and disadvantages of monopolies. Are monopolies necessarily undesirable?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.