ZenonJ719
Answered

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"I don't meet competition, I crush it." This statement was probably made by a …
A perfect competitor
B monetarist
C monopolist

Sagot :

CarloD009

Answer: C. Monopolist

Explanation:

A monopolist has the control on a certain good or service in a market because they are the only provider/supplier in that area. The statement “I don’t meet competition, I destroy it.” is most likely to be said by a monopolist because a monopolist doesn’t have a competitor in the first place. They don’t want competition to retain their customers, expected profits and their control over the prices of goods/services they provide. If a suddenly rising business that might be their competitor emerged, they destroy it, or do something to hinder or stop their progress (in other words), to not lose their expected profits from their customers and to retain their power in the market. They can do it easily as they have a really big competitive advantage over the companies/businesses.

Note: I change the word to destroy due to some reasons. Hope it helps!

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