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Sliva [168]
3 years ago
7

A

History
2 answers:
Jlenok [28]3 years ago
4 0

Answer:

A  monopoly  occurs when there is only one company that sells a product in a given market.  When competitors agree to sell a product for the same price instead of competing, this is called a  trust . Both monopolies and trusts reduce competition , which results in increased  prices  for consumers.

Explanation:

Stells [14]3 years ago
3 0

Answer:

✔ monopoly

occurs when there is only one company that sells a product in a given market.

When competitors agree to sell a product for the same price instead of competing, this is called a

✔ trust

.

Both monopolies and trusts reduce

✔ competition

, which results in increased

✔ prices

for consumers.

Explanation:

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