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13 June, 11:31

The level of competition least beneficial to consumers is

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  1. 13 June, 13:02
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    Monopoly

    Explanation:

    The level of competition least beneficial to consumers is monopoly. In monopoly, there is only one or very few sellers which sell their products to the customers on the prices of their own liking. Because of no competition, customer has to pay higher prices. Moreover, no substitutes are av

    available in the market as well which definitely effects customers. For example, Microsoft Window. Monopoly has bad impact on the customers and it is very ideal scenario for the seller in order to earn more profits.
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