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Maslowich
3 years ago
14

8

History
1 answer:
JulijaS [17]3 years ago
8 0

Answer:

A monopoly decreases the amount of competition.

Explanation:

A monopoly's potential to raise prices indefinitely is its most critical detriment to consumers. Because it has no industry competition, a monopoly's price is the market price and demand is market demand. ... As the sole supplier, a monopoly can also refuse to serve customers.

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