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FrozenT [24]
3 years ago
14

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

History
2 answers:
Maslowich3 years ago
8 0
<span>Assuming that this is referring to the same list of options that was posted before with this question, <span>the correct response would be the first, having to do with the fact that monopolies greatly diminish competition in a market, since they consolidate power within a single firm. </span></span>
san4es73 [151]3 years ago
4 0

Answer:

Monopolies are formed when they buy out their competition in a market.

Explanation:

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