It is possible that if a monopoly is broken up, the cost of production for that product could increase.

Question

Quizplus · Accepted Answer

When a monopoly is broken up, the market becomes more competitive, which could lead to an increase in costs for the original company due to the need to invest in new marketing strategies or innovation. However, it could also lead to a decrease in costs if the company is forced to become more efficient and reduce its prices to remain competitive. So, there is no guarantee that the cost of production will increase, but it is a possibility.

It Is Possible That If a Monopoly Is Broken Up