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postnew [5]
3 years ago
9

A monopoly will have higher output (more production) than in a perfectly competitive market?

History
1 answer:
lukranit [14]3 years ago
6 0

Answer:

True

Explanation:

A monopoly will produce more and advertise more than would a perfectly competitive industry producing the same good. A monopoly will produce more and charge a higher price than would a perfectly competitive industry producing the same good

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Hey there! I will give my reasons, if you have any questions feel free to ask me in the comments below.

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~I hope I helped you! :)~

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Answer:

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Explanation:

:-)

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