DP Economics Questionbank
Monopoly and efficiency
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Description
[N/A]Directly related questions
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20N.3.HL.TZ0.1e:
Explain two reasons why a monopoly may be considered desirable for an economy.
- 19M.1.HL.TZ2.2a: Explain why monopoly power may be considered a type of market failure.
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19M.1.HL.TZ1.1b:
Evaluate the view that monopoly is an undesirable market structure as it fails to achieve productive and allocative efficiency.