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Vytzen
Vytzen Vytzen
  • 29-08-2016
  • Social Studies
Answered

How does monopoly harm the consumer?

Verified Answer :

AbbiHyde
AbbiHyde AbbiHyde
  • 29-08-2016

monopolies are the only provider, they can set pretty much any price they choose, regardless of demand, because they know the consumer has no choice. They can also supply inferior products

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