The lack of competition within a monopoly means that

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Bradley Coleman

2 August, 08:39

The lack of competition within a monopoly means that

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Dania Cain · Answer 1

The lack of competition within a monopoly means that the goods and services are offered are lacking in vitality, force, or conviction. This also means that consumers have to find other options somewhere else since the market of products is small and they are uniform in price.