The cost structures of a monopoly have ____________ relationships among fixed costs, variable costs, marginal costs, and average cost values as pure competition.

Respuesta :

The cost structure of the monopoly have the same relationship.

A monopoly is a single corporation that controls an industry. A monopoly can form organically or be imposed by the government for certain reasons. A corporation, on the other hand, might obtain or retain a dominant position by unfair actions that limit competition and deprive customers of choice.

A monopolist produces less and sells it for more than a completely competitive enterprise. The customers who desire the monopolist's output pay a high price for the monopolist's actions. The limiting of industry production is the primary cost of monopoly.

As a result, monopolistic cost structures exhibit the same correlations between fixed costs, variable costs, marginal costs, and average cost values as pure competition.

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