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Market power, i.e. the ability to impose a price higher that would exist in a perfectly competitive market. Moreover, monopolies tend to produce a lower level than the competitive enterprise.

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Wiki User

13y ago
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Wiki User

8y ago

The one that says it's a board game with play money. Come on, you should know that you cannot ask "which of these" without giving the options. Think first, write after.

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Yasmin Estrada

Lvl 3
1y ago

the domination of a product or service by a certain company or industry A+

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Q: What of these is the best description of monopoly?
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