Problem
What is the definition of Monopoly and salient feature of monopoly? We all know monopoly has lots of disadvantages but what are the advantages of monopoly? Can you give example of few monopolies companies which worked for the benefit of society, which actually worked for the advantage of general society more than the disadvantage it caused to society?
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.