a picture worth a thousand words

a picture worth a thousand words

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  • A picture is worth a thousand words Corporation in monopoly 
  • how could a corporation be a monopoly ?
  • a corporation could produce or own most of a product
  • would it also be possible to change the kprice of the product correct?
  • incorrect! since monopolies control most of the market of a product they can most definitely change the price 
  • we don't really have one because they are against the law but coca cola is pretty close,since it dominates in the soda business
  • what would be an example in present time?
  • if it wasn't illegal corporations would a monopoly
  • easy as dominating the market that they are 
  • we should hurry before the boss gets mad 
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