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HungGareligaileybe
HungGareligaileybe HungGareligaileybe
  • 08-08-2016
  • Business
Answered

What are two ways that the free-enterprise system works to break the three powers of monopolies. (two ways per power, the powers are Higher prices, Barriers to entry, and Reduced competition.)

Verified Answer :

Hussain514 Hussain514
  • 13-08-2016

The free enterprise system can produce unfavorable effects when they reduce competition and protect inefficient competitors.Also,results are annoying when costs of legal intervention are greater than benefits for the consumers.
I hope it helps.
Thank you

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