A simple way of describing the social cost of monopoly is to say that it

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Quinn Arellano

Business

30 July, 19:46

A simple way of describing the social cost of monopoly is to say that it

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Piper Zavala · Answer 1

Had to look for the options and here is my answer.

Basically, when we say monopoly, this is when something is exclusively possessed, owned, or controlled. In this case, the simple way of describing the social cost of monopoly is to say that it "has too much political power". Hope this answers your question.