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Yet the government makes law and in most cases entry can

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Postal Service is a great example how market structure may change over time as shown in the simulation. In most cases, a firm can not change or choose the market structure. Even in a monopoly market, the monopoly can try to prevent new comers to enter, yet the government makes the law, and in most cases, entry can only be delayed. Give some other examples on how a monopoly turned into an oligopoly over time?

Reference no: EM13453235

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