Which phrase best completes the table? Monopoly
Benefits
Drawbacks
Has more money for research and
development
?
Has lower production costs
May lead to price fixing
A. Allows for little competition between businesses
B. Offers few opportunities for economies of scale
C. Has too many businesses entering the market
D. Drives prices too low to sustain businesses

Your competitor is called create your own yogurt, and it uses artificial flavors that customers use to create their own yogurt. in the lesson, you learned about three techniques businesses can use to compete with one another. in two to three sentences, explain how you will address each area of competition to make your business successful against this competitor.