The creation of a monopoly results in gains to
A) producers at no expense to consumers.
B) consumers at no expense to producers.
C) producers at the expense of consumers.
D) consumers at the expense of producers.

Question

Quizplus · Accepted Answer

Monopolies typically result in higher prices and reduced output, benefiting producers with higher profits at the expense of consumers who face higher prices and less choice.

The Creation of a Monopoly Results in Gains to