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OpenStudy (jasmynerae):

What is the difference between monopolies and cartels?

OpenStudy (jasmynerae):

Never mind i got the answer, Monopolies control the manufacture and/or sale of one product, while cartels control all aspects of the production of a product, from the raw materials necessary at the beginning to the sale of it at the end.

OpenStudy (mahoganie.carson):

Okay and welcome to Openstudy :)

OpenStudy (jasmynerae):

thank you :)

OpenStudy (mahoganie.carson):

Your welcome :)

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