Wednesday
April 23, 2014

Homework Help: history

Posted by kayci on Friday, June 4, 2010 at 5:38pm.

A monopoly exists when one business controls the sales of a service or commodity. In a capitalistic economy, monopolies are regulated by laws in order to

1)decrease the number of jobs available
2)discourage price wars among businesses
3)set prices at a given level each year
4)ensure that a certain amount of goods and services are produced each month
5)promote competition and improve product quality

i picked 4

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