Since consumers have no choice but to buy and trust the monopoly they have to pay higher prices usually than if there were a competition. if there were a competition then they would be able to choose from the price they would want to pay.
Answer:
1. Avicenna
Avicenna was a Persian polymath who was one of the most significant physicians, atronomers, thinkers, and writers of the Islamic Golden Age. He wrote the medical materpiece, "The Canon of Medicine," which influenced European medicine. It become the standard in medical universities and was used until 1650.
2. Averroes
Ibn Rushd, also known as Averroes, was a Muslim Andalusian philosopher and thinker. He thought about many subjects, such as philosophy, theology, medicine, physics, law, and linguistics. In his philosophical work, he wrote about the ideas of Greek philosophers Plato and Aristotle. He attempted to restore the original thinkings of Aristotle.
3. Maimonides
Moses ben Maimod, commonly known as Maimonides, was a Sephatic Jewish philosopher. He specialized in the study of the Jewish Torah and was one of the most influencial Torah scholars of the Middle Ages.
Answer:
On April 30, 1789, George Washington, standing on the balcony of Federal Hall on Wall Street in New York, took his oath of office as the first President of the United States.
Explanation:
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