Which statement is true about the relationship between a monopoly and its competition in a market? monopolies are formed when they buy out their competition in a market. monopolies thrive when they have competition. competition in the market ensures that monopolies charge fair prices. competition in the market monopolies to develop.

First you must understand that a monopoly is formed when it is the only company/firm that dominates the market. This means that there is NO competition for this companies product whatso ever. Usually a monopoly buys all the companies that could or was once their competition.

The only answer that is true is:

Monopolies are formed when they buy out their competition in a market.

Hope this helped!

~Just a girl in love with Shawn Mendes

A) Monopolies are formed when they buy out their competition in a market.

disease was the number one killer of native peoples. they had had little exposure to the diseases of europe. this led to some villages being almost completely wiped out and some tribes destroyed.

the answer is definitley b!