presley226 presley226
  • 10-01-2021
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Why are monopolies a problem for an economy

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nicolas11233
nicolas11233 nicolas11233
  • 10-01-2021

Answer:

Monopolies restrict free trade and prevent the market from setting prices. Price fixing: Since monopolies are lone providers, they can set any price they choose. That's called price-fixing. They can do this regardless of demand because they know consumers have no choice.

Explanation:

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Аноним Аноним
  • 10-01-2021

Monopolies restrict free trade and prevent the market from setting prices.

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