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ECON 101 Saudi Electronic University Concept of Market Power Discussion
Topic: Market Power
Write a one to twopage paper, addressing the following:
- Describe in your own words the concept of market power.
- What are the three reasons that a market might have a Monopoly?
- Give an examples of two monopoly Firm exercising its market power.
- Post the above introduction to the Class Discussion Board.
- Respond to the postings of two of your classmates.
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