In this story we have two characters named jeff(left) and Jack(right) having a conversation about how a corporation could be a monopoly? Stay tuned to figure it out
CORPORATION IN MONOPOLY
Hey! Jack sorry ive been so busy with this new company its actually been hard to understand you know being in a monopoly corporation?
Its all good brother and yeah i knew all of that before i retired hard work but trust me it pays off Haha
well i really don't understand do you think you can explain to me How a Corporation could be a monopoly?
well jeff Monopolies are formed under certain conditions, so when a firm has exclusive ownership or use of a scarce resource, and a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices.
dang jack that makes so much more sense no wonder why i cant keep it together
yeah but don't worry it hard at first but it will get easier later on
this helps a lot haha im such a newbie when it comes to big business
dont sweat i remember my first time i almost passes just standing there
well thanks again jack you helped a lot seriously man i hope you have a good day