Question

Why do monopolies and oligopolies benefit producers over consumers?

Answer 1

Companies control price through demand.


Competition is driven by factors other than price.

Demand influences production more when competition is less.

Few producers can generally control prices.

Answer 2

i think it's D

Answer 3

@Loser66 @dan815 @Luigi0210 @ShadowLegendX

Answer 4

@amistre64

Answer 5

D is would be my best choice as well. When you are basically the only game in town you control the supply.

Answer 6

thanks a lot @amistre64

Answer 7

d is correct