Answer to Question #89959 in Microeconomics for Anelisa

Question #89959
Why is eskom an undesirable type of market structure with the aid of a diagram
1
Expert's answer
2019-05-21T08:39:58-0400

Eskom is an undesirable type of market structure, because it is a kind of monopoly, and it creates inefficiency, because less output at higher price is produced, so the deadweight loss is created.


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