Answer:
PROBLEMS CREATED BY MONOPOLIES:
1. monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.
2. disadvantages of monopolies include price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
3. it can cause inequality, and political abuse.
4. Monopoly tends to limit options available to consumers. Monopoly results in allocative inefficiency--in other words, the monopoly price is higher than the marginal cost of production. Profits do not encourage entry into the industry.
BRAINLIEST PLEASE
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As Jefferson was the third President and the Federal Court system was designed to have life-time appointments, many of the original holders of Federal judicial posts were held by Federalist appointees who had not yet died in office or resigned.
So, Jefferson found himself waiting for turnover on the bench without much success.
Balance and Harmony, daouist tradition of seeking the natural world.
