What is a negative effect of monopolies?

The buyer has too many choices of products.

The seller can only sell goods demanded by the government.

The seller is able to set the whatever price they want for goods.

The buyer can only purchase a limited amount of goods.

d

Question

Social Studies

Phoenix Lawson

25 January, 16:56

What is a negative effect of monopolies?

The buyer has too many choices of products.

The seller can only sell goods demanded by the government.

The seller is able to set the whatever price they want for goods.

The buyer can only purchase a limited amount of goods.

d

+5

Answers (1)

Know the Answer?

Adalyn Noble · Answer 1

Answer:C. The seller is able to set the whatever price they want for goods

Explanation:

A lot of people have heard of the monolopy, because actual companies have used it. It's basically when a company is so huge that it overtakes any competition it has and goes ahead and sets what ever price it may desire knowing that it will work. Of corse with careful planing.

What is a negative effect of monopolies?The buyer has too many choices of products.The seller can only sell goods demanded by the government.The seller is able to set the whatever price they want for goods.The buyer can only purchase a limited amount of goods.d

What is a negative effect of monopolies?

The buyer has too many choices of products.

The seller can only sell goods demanded by the government.

The seller is able to set the whatever price they want for goods.

The buyer can only purchase a limited amount of goods.

d