Economy, asked by lucilleoghosa, 9 months ago

Two reasons why people object to the creation of a monopoly

Answers

Answered by skvijay36
3

Explanation:

If one company completely controls a product or service, that company can charge any price it wants. Consumers who will not or cannot pay the price don't get the product. For reasons both good and bad, the desire and conditions that create monopolies will continue to exist.

Answered by ayankhan4616
1

Answer:

a natural monopoly comes about due to Economics of scale that is due to unit cost that fall as a firms production increases when economy of scale are extensive relative to the size of the market 1 film can produce the industries whole output at a lower unit cost then two or more firms could

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