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1 vote
Compared to a market with perfect competition, a monopoly has

a. lower prices and fewer goods
b. higher prices and fewer goods
c. lower prices and more goods
d. higher prices and more goods

2 Answers

4 votes

Answer:

higher prices and fewer goods

Step-by-step explanation:

Gradpoint

User Per Noalt
by
7.9k points
1 vote

Answer:

higher prices and fewer goods

Step-by-step explanation:

Compared to a market with perfect competition, a monopoly often has _____.

higher prices and fewer goods

higher prices and more goods

lower prices and more goods

lower prices and fewer goods

User Ollpu
by
8.0k points

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