In order to sell more goods and/or services, what must a monopoly do?

1 answer:

7 0

<span>In order to sell more goods and/or services, what must a monopoly do? Reduce price and increase output. A monopoly is when a company or a product has control in the industry. The supply or trade of this item or service is limited. For a monopoly to sell even more, they should reduce the price and increase their output because they have no competitors.

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In order to sell more goods​ and/or services, what must a monopoly​ do?

In order to sell more goods and/or services, what must a monopoly do?