5th six weeks project

5th six weeks project
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  • Hey, I have a question. Is there any way a corporation could be a monopoly?
  • Well, a corporation can become a monopoly if it owns or controls nearly if not all of the market for a product or service.
  • oh, okay! so what are some examples of monopolies?
  • Lets get out of this weather...
  • A very popular example is Microsoft!
  • Exactly!! I think you're getting the hang of it now!
  • Gotcha, so if I were to start a company and were to eventually gain control of almost all of the market, it would be a monopoly?
  • Thank you for all your help today!
  • Sure thing! Let me know if you have any more questions about the economy!
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