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History, 13.07.2020 18:01 itisonlyluis
Which statement is true about the relationship between a monopoly and its competition in a market?
Monopolies are formed when they buy out their competition in a market.
Monopolies thrive when they have competition.
Competition in the market ensures that monopolies charge fair prices.
Competition in the market helps monopolies to develop.
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Answers: 3
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