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What effect assembly line and monopoly have on the price of goods

Sagot :

deklanmarshall7
Assembly lines helps with the mass production of a product.
Monopoly of a product is important, because you control the majority of the item on the market.

If you had an assembly line producing say; blankets.  You would be making lots of blankets.  If the majority of blankets on the market are the ones that you made, then you have a Monopoly over them.  
If you know that more supply=less demand, and less supply=more demand, then you know that prices fluctuate.  If you were selling all of the blankets on the market, you could control the price of them to a certain extent, by holding some back, and making a greater demand.
That is Monopoly
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