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VLD [36.1K]
3 years ago
9

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

Business
1 answer:
Readme [11.4K]3 years ago
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. 

</span>
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