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social studies

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How do monopolies threaten the free enterprise system?

  • social studies - ,

    Well a monopoly is when there is only 1 of a business. It threatens free enterprise because a monopoly can charge whatever it wants cuz it's the only one of its type.

    P.S. Can someone please answer my algebra question? Thanks!

  • social studies - ,

    So it would actually be to eliminate competition

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