Monopolizing is when a company gains market share by
A)being able to charge a lower price than rivals because the company is more efficient in production.
B)pushing suppliers not to sell inputs to rival companies.
C)providing better customer service than rival companies.
D)producing a version of the product that is preferred by customers.

Question

Quizplus · Accepted Answer

Monopolizing involves using tactics to limit or prevent competition, such as pushing suppliers not to sell inputs to rival companies. Therefore, option B is the best choice. The other options do not necessarily involve monopolizing.

Monopolizing Is When a Company Gains Market Share by