Day: October 1, 2020

Why might a government encourage a monopoly?

Select ONE answer:

1. It can compete against foreign firms.
2. It can have high average costs.
3. It can make excessive profits.
4. It can prevent innovation.

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 1

1. Correct
2. Not correct
3. Not correct
4. Not correct

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