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ella [17]
3 years ago
10

A monopoly has an advantage over pure competition when it comes to:

History
1 answer:
abruzzese [7]3 years ago
7 0

Answer:

D). taking advantage of economies of scale.

Explanation:

Monopoly is characterized as the market form in which there is a single firm which controls the supply and price of goods, as well as, services while in perfect competition there are many firms in the market which collectively control the market. The former has an advantage over the latter in terms of 'taking advantage of economies of the sale' as they can escalate size to reduce average costs incurred on production. Thus, <u>option D</u> is the correct answer.

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We can also find the vertex by using the expressions:

(

−

b

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(

−

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a

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a

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and

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(

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0

y

=

f

(

0

)

=

7

−

0

2

=

7

Same result of

(

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,

7

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