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types of monopolies. use what you have learned about monopolies to complete the following sentences. monopolies preserve competition in the market. in a natural monopoly, a producer controls the market because it is able to meet the demands of all consumers. in a monopoly, a producer controls the market by the authority of the government, and private production cannot take place. natural technological government
In a government - granted monopoly, the government gives a single producer the exclusive right to produce a good or service, preventing private production. This is different from natural monopolies (due to cost - efficiency in serving all consumers) and technological monopolies (due to patents).
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