Identify two disadvantages of a monopoly.

Question

Answer Key:

Possible answers include: Monopolies limit opportunity for other small businesses, sometimes through corrupt means. Consumers have no protection from poor quality or high prices. Monopolies often have enormous and corrupt influence on government officials.

Award 1 point per disadvantage, for a maximum of 2 points.

Enter student points:

Answer 1

Please provide the student's identified disadvantages of a monopoly, and I will award points accordingly.