Question

Why do monopolies and oligopolies benefit producers over consumers?

A. Companies control price through demand.
B. Competition is driven by factors other than price.
C. Demand influences production more when competition is less.
D. Few producers can generally control prices.

Answer 1

Answer is D

Step-by-step explanation:

It's because companies can control price through demand -- only a few producers can generally control prices. The demand influences production more when there's not a lot of competition .

Answer 2

monopoly is a type of competition where only one manufacturer is entitled to sell a particular product. Oligopolies permit a few producers but not to the extent of having too many to be key players in selling the same item. These kinds of competitition benefit the produces over consumers because D. Few producers can generally control prices.