what’s better for the consumer competition or monopoly thanks in advance. need an essay reasoning



The author posted a question in Travel, Tourism

what's better for the consumer competition or monopoly thanks in advance. need an essay reasoning? and got a better answer

Response from Антон Владимирович[+++++]

Response from 0[+++++]
for the consumer - all the same! because with competition it is necessary to raise the cost of advertising - which will be built into the price and with monopoly - no one will lower prices anyway! so write - that ALL IS GOING TO GLOBALIZATION AND VISIBILITY OF CONCURRENCY! In fact, prices are set in a very strange way=- depending on the standard of living of the consumer!

Response from 0[++]
Naturally, competition is better, since when there is a monopoly, the manufacturer sets the price himself, and the number of products decreases.

Response from 0[+++++]
Competition between two monopolies is best. In this case, all the advantages of competition and few disadvantages of monopolies work.

 

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