alanv2457 alanv2457

03-03-2021
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Which statement is true about the relationship between a monopoly and its competition in a market?

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gabymiaaguilar97 gabymiaaguilar97

03-03-2021

Answer: Monopolies are formed when they buy out their competition in a market. Monopolies thrive when they have competition. Competition in the market ensures that monopolies charge fair prices. Competition in the market helps monopolies to develop.

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