Register
what are some potential problems that could result from a company gaining a monopoly over a good or service
138k views
13 votes
what are some potential problems that could result from a company gaining a monopoly over a good or service

User Svenmarim
by
5.4k points

1 Answer

5 votes

Answer:

Higher prices than in competitive markets – Monopolies face inelastic demand and so can increase prices – giving consumers no alternative. ...

A decline in consumer surplus. Possible diseconomies of scale.

User MetaFight
by
5.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.8m answers

Other Questions

An antecedent is a noun to which a preposition refers. True False
List at least 3 ways Faustus hopes to save himself from the deal he made with the devil. https://vallejocity.owschools.com/media/o_en4cc_2016/3/eng4_new_links_dr_faustus_scenes_13_through_14.pdf the link
8. Which of the following authors should appear first on a Works Cited page? A. Price, Vincent B. Marx, Karl C. Taylor, John D. Huxley, Aldous Please help thank you
Which would be the BEST source of information if you were doing inquiry about the impact of the loss of bees?
Read the passage from My Antonia by Willa Cather. My Antonia During that burning day when we were crossing Iowa, our talk kept returning to a central figure, a Bohemian girl whom we had known long ago
Link Copied!