125k views
0 votes
Explain whether a monopolist uses resources efficiently.

1 Answer

4 votes
Yes they do as they take control of what ever product/s they are selling in the area as they are the only ones selling the product/s and must use everything they have available to make as many as possible as quickly as possible.
User Dani Vijay
by
7.7k points

Related questions

asked Sep 13, 2017 186k views
Smarr asked Sep 13, 2017
by Smarr
9.1k points
1 answer
3 votes
186k views