kaygun2020 kaygun2020
  • 03-05-2019
  • Social Studies
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what is monopoly? why are monopolies unfair? Explain your answer

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shaeby13
shaeby13 shaeby13
  • 03-05-2019

A monopoly is when one person or group has total control over the trade/supply of a service. They often keep their prices high and keep their output as low as possible in order to get the most profit. It’s unfair because it does not allow other companies to be successful.

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