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How does a monopoly increase a corporation's profits?

A. by using mass production to lower costs
B. by minimizing financial risks for investors
C. by outlawing labor unions
D. by eliminating competition to control prices

User GONeale
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2 Answers

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Answer is D. By eliminating competition to control prices.
User Ashin Shakya
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The answer is D. A Monopoly is exclusive control of the supply in a market. For example if Johnny’s Corporation had main control over the supply of peaches in the market, there would be no other competition, so he would make insane amount of profits
User Seyet
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