O-LevelEconomicsGovernment and the macroeconomy2281/13 · Oct/Nov 2023 · Q151 Mark
Some governments allow monopoly markets to exist. What is a reason for this?
Ato attract entry into the market
Bto fund research and development
Cto increase prices for consumers
Dto maximise monopoly profits
✓ Correct answer
B: to fund research and development
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