Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

How does a monopoly increase a corporation's profits?
A. by using mass production to lower costs
B. by minimizing financial risks for investors
C. by outlawing labor unions
D. by eliminating competition to control prices


Sagot :

The answer is D. A Monopoly is exclusive control of the supply in a market. For example if Johnny’s Corporation had main control over the supply of peaches in the market, there would be no other competition, so he would make insane amount of profits
Answer is D. By eliminating competition to control prices.