Answer
• A monopoly can raise prices indefinitely because of lack of competition.
• When monopolies are owned by for-profit organizations, prices become significantly high
Explanation
A monopoly is the main provider of goods and services to consumers thus they have no competition and no price restrictions. When they are not monitored and unregulated, they could adversely affect businesses, customers and the entire economy. A monopoly can set a price that remains the market price and the demand is always the market demand. When prices are high, users are not able to substitute the goods and services with an affordable alternative. In addition to that, a monopoly can shut down a business when it refuses to sell an important good to that company.
Massachsettensis mentioned those events to reinforce the author's arguments against the rebellion of the colonists.
Massachusettensis was the name used by lawyer Daniel Leonard to publish his letters of loyalty to Great Britain in the <em>Massachusetts Gazette </em>between 1774 and 1775.
In these letters, Leonard mentions the purchase of New York and the War with Canada to emphasize the will of Great Britain to make the empire bigger by favoring her territory in America.
In these letters, he calls on the colonists not to rebel against the British Crown, arguing that he has endeavored to maintain his territory in America in a remarkable way.
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He decisively defeated and killed Harold at the Battle of Hastings on 14 October 1066. After further military efforts, William was crowned king on Christmas Day 1066 in London. He made arrangements for the governance of England in early 1067 before returning to Normandy.
Answer:
Each year on Jan. 27, in remembrance of the Holocaust (which took place from 1933 to 1945), millions of people across the globe take the time to reflect and honor those affected by the Holocaust. Here in the nation’s capital and its surrounding cities, people will come together this month to do just that through lectures, film screenings and more
