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A monopoly is a company that owns all parts of a business and a trust is different companies that meet to reduce competition and form prices within the same range.

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Q: What is the difference between a trust and a monopoly?
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Related questions

What is is the difference between a trust and a monopoly?

A monopoly is a company that owns all parts of a business and a trust is different companies that meet to reduce competition and form prices within the same range.


What is the difference between credit shelter trust and irrevocable trust?

What is the difference between credit shelter trust and irrevocable trust?


What is the difference between the term 'monopoly' and 'natural monopoly'?

The difference between the term 'monopoly' and 'natural monopoly' is a monopoly is a market situation one group controls the availability and price of a service or item. A natural monopoly is a service or item that is provided by a single sorce. An example would be transportation like buses, or taxies.


What is the difference between being a monopoly and attempting to become a monopoly?

Being a monopoly is to run the buissness but attemting is to be trying to get one but not have one


What is the difference between trust lands and reservations?

Trust lands are typically owned by a tribal government and held in trust by the federal government, while reservations are areas of land set aside for Native American tribes by the federal government. Trust lands provide a legal structure for managing and protecting the land and its resources, while reservations are more about preserving tribal sovereignty and providing designated lands for tribal communities.


The situation in which a single company controls an entire industry is called what?

a trust


What conditions does competition occur?

What is the difference between perfect competition and pure monopoly


What is the difference between trust and mistrust?

mistrust is you cant trust someone and trust is well you trust someone


One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where -?

perfectly competitive industry become a monopoly, what changes


One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where?

perfectly competitive industry become a monopoly, what changes


What is the difference between a valid trust and enforceable contract?

a valid trust is true and an enforcebale trust can be enforced


What is competitive monopoly?

Anti-trust laws!