History, 20.10.2019 13:00 elizabethajih99

Which statement is true about the relationship between a monopoly and its competition in a market
a. monopolies are formed when they buy out their competition in a market.
b. monopolies thrive when they have competition.
c. competition in the market ensures that monopolies charge fair prices.
d. competition in the market monopolies to develop.

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Which statement is true about the relationship between a monopoly and its competition in a market