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  • 12-10-2021
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how do monopolies negatively impact consumers??

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roshaneajones
roshaneajones roshaneajones
  • 12-10-2021

Answer:

A monopoly's potential to raise prices indefinitely is its most critical detriment to consumers. Even at high prices, customers will not be able to substitute the good or service with a more affordable alternative. As the sole supplier, a monopoly can also refuse to serve customers.

Explanation:

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