What are the Advantages of Monopolies?

-Monopoly’s huge size can leads to Huge Economies of Scale. AC can be kept low and Production will be higher than any Single Firm in PC Markets -Supernormal Profits being generated can encourage security and dynamic efficiency - Development and Improving -Financial Security allows to Provide Stable Jobs -Intellectual Property Rights (IPR) allow Limited Monopolies that can benefit Consumers because good Quality, New and Essential Products (Drugs) can be made