30.7k views
5 votes
The lack of competition within a monopoly means that

2 Answers

4 votes
The company could make the prices as high as they want. This is also means the company basically rules the business.
User Rgomesf
by
8.3k points
4 votes

monopolists set their own price.

User SemperAmbroscus
by
7.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories