Answered

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Relative to a competitively organized industry, a monopoly Group of answer choices produces more output and charges a higher price. produces less output and charges a higher price. produces more output and charges a lower price. produces less output and charges a lower price.

Sagot :

BreadRaccidn

Answer:

A higher-priced less output

Explanation:

A monopoly has full rain on a certain item in the country or state, for example we have a sort of diamond monopoly, There are so many diamonds in the world but they choose to only produce a small amount for jewlery or other such things to drive the price up.

Please for future reference when typing out a multiple choice question type it in the

- one

- two

- three

format. That is so we can better help you!

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