The correct answer is that, Monopoly sets their own prices.
When there is no competition in a monopoly it shows that , monopoly they do set their own prices. Monopoly is termed as the only enterprise or person who supplies a particular commodity.
They are characterized by way of lacking competition in economic which produces either services or goods.
We say that there is high monopoly profit when there is monopoly price is being high than marginal cost of the seller.
Government can establish monopolies by integration form.
Answer:
Transaction exposure is High if the two currencies are Negatively correlated.
Explanation:
The reason is that when the two amounts are the same with positive correlation, then the benefit arising from the dollars is equal to losses in chinese Yen. And the net effect will be no profit and no loss arising due to the strengthening of the other.
This means if their is no correlation then the two currencies might move adversely at the same time and the example can be taken by analyzing that Ethiopia is largely independent of making sales to America so the possibility exists that the company will either increase its worth or decrease its worth by the currency movements.
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