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3 years ago

Identify one advantage and two disadvantages of a monopoly.

1 answer:

5 0

A monopoly is like a patent; It's good if you own one because you can control something and be the only person who makes money off of it.
It's bad because it defeats competition between other competing companies, and prices will go up
It's even worse when you consider what would happen if a dozen people or two monopolize the whole world. Then no one else would make money
Hope this helps!

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Explanation:

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3 years ago

At times, someone with a good credit rating may not be able to get a loan. When this happens, the potential customer may be told

Sergio [31]

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3 years ago

MC Qu. 152 Adams Manufacturing allocates... Adams Manufacturing allocates overhead to production on the basis of direct labor co

MAXImum [283]

Answer:

$1.60 per direct labor hour

Explanation:

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hence,

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3 years ago

Su Industries has international subsidiaries in Asia. These subsidiaries enter into transactions in both the US dollar and local

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3 years ago

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Answer:

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Total Bad Debts expenses $ 850

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3 years ago

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