Respuesta :
Monopolists can increase the amount of output and sell easily because they are in no competition, the revenue is also great as their is no competition the price charged is not challenged by any other organization.
What is Monopoly?
Monopoly is when there is no competition in the market and the seller is the sole seller of the product or service and therefore all the customers in the market purchase products or services from the said organization.
The organization can charge any price for the products or services as there is no competition the prices are not challenged by the other organizations as the sole seller of the commodity is the organization and this sole seller in the entire market is called a monopoly business.
It is difficult to be in a competitive environment but it is comparatively easier being a monopolist.
Learn more about Monopoly at https://brainly.com/question/27373128
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