Register
A rivalry between two or more businesses trying to make a profit is called a monopoly. True or False
517,576 views
41 votes
41 votes
A rivalry between two or more businesses trying to make a profit is called a monopoly.

True or
False

User Karel Macek
by
2.6k points

1 Answer

15 votes
15 votes
False - a monopoly is when one business has a large control of the market. An oligopoly has a few large competitors and many smaller competitors.
User Shazow
by
2.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

Please help me Heat travels in slow convection currents of solid materials within Earth's mantle. Heat that rises in these currents A. is a by-product from the decay of Earth's radioactive isotopes. B.
Beyonce bench presses 1.5kn using 3000j of energy . Calculate the distance moved by the weights
Which sea is furthest north? coral, tasman or arafura
Describe the distribution of the amazon rainforest.
How will this Nisqually donation impact the city of Lakewood? It will allow the city to design and develop new infrastructure. It will help the city invest in new business enterprises O It will fund emergency
Link Copied!