i) Control of important input.
ii) Ownership of production rights.
iii) Internal economies of scale.
iv) Size of the market/ small market.
v) Additional costs by other firms willing to join.
vi) Where a group of firms combine to act as one
vii) Restrictive practices.
viii) Financial factors.
gideon1 answered the question on September 25, 2017 at 17:38
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