briannajohnson6897
briannajohnson6897 briannajohnson6897
  • 24-06-2022
  • History
contestada

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

Which statement is true about the relationship between a monopoly and its competition in a market class=

Respuesta :

joshualee0719
joshualee0719 joshualee0719
  • 24-06-2022

Answer:

A. A monopoly is formed when businesses buy out their competition

Explanation:

A monopoly is a business that has little to no competition. So when a business buys out its competition, there are less and less competitors until the business becomes a monopoly, essentially taking over the marketplace.

Answer Link

Otras preguntas

PLEASE HELP WILL GIVE 100 POINTSDaniel loves to bake blueberry muffins for his friends and family. There is a proportional relationship between the volume of fl
What is the solution? Need help!
Which of these statements is supported by the results of Thompson’s experiment?
A =9y + 3yx Solve the literal equation for y And could you include steps please?
what is the pattern and the write the next two terms of b, d, f, h, j
Each city was called a city-state. The were each like their own country, each with their own leader or king true or false
(4) list three negative consequences when it comes to teenage pregnancy.
What is the value of x in the proportion? A: 2 2/5 B: 5 2/5 C: 8 1/10 D: 12 3/20
Evaluate 2y²(x+y) when x = 1 and y = 5
Develop an argument that evaluates how the Song Dynasty improved the economy of china from 1200-1450