Question

Which of the following describes the biggest problem with monopolies?

a.They don’t allow business owners to make nearly as much money as they could because of high costs.

b.They allow consumers too much of a choice in what products to buy which causes most businesses to fail

c.They force consumers to buy a product from one company at high prices because the company usually has no competition

Answer 1

it's C because monopolies are usually this companies who has no competitors on the bazaar