Describe how a monopoly may NOT make a profit.? Answer cannot exceed 35 words.

Question

Ramon Hampton

History

31 October, 05:13

Describe how a monopoly may NOT make a profit.? Answer cannot exceed 35 words.

+4

Answers (1)

Know the Answer?

Summer Stephens · Answer 1

Simply because a company or entity has a monopoly on a certain market doesn't necessarily mean they will make a profit. Their overheard costs may be too high, or there many not be enough demand for the product.