It would be crazy and people would be killed left and right.
<span>20 miles per hour north is an example of velocity. The reason behind such a conclusion is that it has both direction as well as speed. The correct option among all the options that are given in the question is the fourth option or option "D". I hope that this is the answer that has come to your great help.</span>
The answer you are looking for is B
Answer:
Monopolies hinder competition because by definition, they are anti-competitive.
Explanation:
A monopoly is a firm that is the sole provider of a good for which there are no close substitutes.
Monopolies charge higher prices than they would in a competitive enviroment, and for this reason, they benefit the monopoly at the expense of the consumers.
Governments can set several policies to reduce monopoly power. One policy is simply to prohibit monopolies from forming, which is the case for most industries in developed nations.
Another policy is to simply take over the monopoly, and make it a public enterprise, so that the extra economic benefits of the monopoly are shared with the people (at least in theory).
