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

Question

Quizplus · Accepted Answer

The creation of a monopoly typically results in gains to producers because they can control market prices and output, often leading to higher prices for consumers. This situation benefits producers at the expense of consumers, who have fewer choices and must pay higher prices.

The Creation of a Monopoly Results in Gains to