Which benefit is shared by both Monopolies and Oligopolies?

A. They drive down prices by competing for the same customers.

B. They are highly regulated by the government groups that control them.

C. They have Access to enough capital to operate in high-cost industries.

D. They provide consumers with a wide range of choices for products.

APEX​

Respuesta :

Answer:

C. They have Access to enough capital to operate in high-cost industries.

Explanation:

Both monopolies and oligopolies have some common traits, and one of the most important ones is that they all have a large market power. Their power comes from high entry barriers to the industries in which operate in. Generally these industries are high-cost industries, e.g. it costs billions to build the electric grid of a large city. These high entry barriers decrease or virtually eliminate the possibility of competition.

Answer: They can Harm Consumers by fixing prices.

Explanation:

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