Economy, asked by lopasethi9439131, 2 months ago

a comparison of monopoly and cartel reveals that

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Answered by VMinKook23
7

Answer:

The main difference between the two is that monopolies have only one dominant player who single handedly controls the production, sales, and pricing of a particular product, whereas cartels are groups of such dominant organizations that work together to manipulate the market to their benefit.

Explanation:

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