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Monolpolies in a capislist system can drive prices too high? true or false

asked
User Cachius
by
8.5k points

2 Answers

6 votes

Answer:

True

Step-by-step explanation:

when a company is monopolized, then they are the only one with the demanded product. therefor, they determine how high or low the prices are depending on supply and demand.

answered
User Rodnower
by
8.3k points
1 vote

Answer:

True

Step-by-step explanation:

They can overpower all other businesses.

answered
User Spinsch
by
7.3k points

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