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Geography, 02.11.2020 17:10 Theresab2021

Which of the following describes what happens when one or two companies control a market? The competitive products will be fairly priced, and availability increases for the product.

The availability of the products increases along with the price, even if demand is low.

The companies can compete for market share and flood the market with their respective products.

The companies can have a monopoly on the market and raise prices without fear of losing demand.

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