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

two integers whose absolute value is 131
Bob has 40 feet of fencing to enclose a rectangular garden. If one side of the garden is x feet long, he wants the other side to be (20 – x) feet wide. What val
Without multiplying, determine the sign of the product (356,864)(−194,758). A. The sign of the product is positive because a positive multiplied by a negative i
George Washington first gained wide admiration by colonist for :
A number is K units to the left of 0 on the number line. Describe the location of its opposite
The Spanish G makes a raspy h sound before what vowels? Select all that apply.
The equation y = −2x + 3 is the boundary line for the inequality y ≤ −2x + 3. Which sentence describes the graph of the inequality?
in 5.300 two decimals are equivalent to the given decimal
If ln=54 and lm =31 then mn =?
Which statement BEST describes an entrepreneur? A) In 1892, Asa Candler began "The Coca-Cola Company." B) In 1980, David Walker became the first news anc