1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alla [95]
3 years ago
13

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

History
2 answers:
erica [24]3 years ago
6 0
A monopoly would have almost complete control over a market, and would have virtually no competition 

hope this helps
yarga [219]3 years ago
4 0

Answer:

In a monopoly market structure, only one firm is dominating a particular industry. Monopoly power exists when a single firm controls more than 25 percent of a market. A natural monopoly market structure can be due to natural advantages such as strategic location and abundance of natural resources. E.g Gulf countries have a monopoly in crude oil production because of many natural oil resources available there. There are no competitions in the market and the monopolist are in a  position to decide the price of the product. The monopolist is a  price maker.

You might be interested in
Which sentence best describes a referendum?
Eduardwww [97]
The sentence that best describes a referendum will be " Citizens vote directly on a proposed law in their city and state." A referendum can be for anything, it is political question that is asked by city, county, or the entire population. Anyone can vote and the vote will help to decide if the law will go into effect. The correct answer is B. 
7 0
3 years ago
In the 1860s, most factories were located in the
Anestetic [448]
In the 1860s, most factories were located in the North of the United States, mostly because the South was largely agricultural and remained this way for many years. 
8 0
3 years ago
What value and morals appear to be most important to the Babylonians?
alekssr [168]
The value and morals of the Babylonians were based on the Hammurabi Code.I this code, a person that broke the law will be subjected to the punishment that is equal to the crime i.e eye for an eye.
5 0
4 years ago
What was one of the largest american social movements that affected major social change?
ozzi
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
7 0
4 years ago
How did Spain gain wealth throughout the 1600s?​
faltersainse [42]

Answer:

The empires expands. About 5 years later, the Spanish Conquered cuba. Also while conquering cuba the set up their base in Havana.

Explanation:

5 0
3 years ago
Other questions:
  • Which describes how share cropping kept landless southern farmers trapped in a cycle of poverty
    10·1 answer
  • How did the Japanese speed up industrialization in their country? What were the drawbacks to this rapid industrialization?
    8·1 answer
  • Which of the following statements are true about the U.S. Supreme Court's decision on Dred Scott?
    10·1 answer
  • Lincoln Steffens and Jane Addams are best known for ?
    11·1 answer
  • How did settlement houses Improve urban communities during the Industrial Era?
    9·1 answer
  • A negative effect of the American Recovery and Reinvestment Act was that the federal deficit grew. many more business failed. st
    14·2 answers
  • Which phrase best defines laissez-faire?
    6·1 answer
  • Please write three paragraphs on your opinion of the Electoral College.
    13·1 answer
  • 3 contrary
    13·2 answers
  • What continent is west of Africa and north of South America?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!