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.
The true statement about 401 k plans is that they are sponsored by employers.
<h3>What are the t 401(k) plans?</h3>
These are the retired accounts that are usually sponsored by a company. These accounts are known to have retirement accounts which employees contribute money to.
The employers here may also contribute to the account by matching the contributions.
Read more on accounts here: brainly.com/question/24756209
Well women had no rights what-so-ever! They were expected to clean, cook, and care for the children. Young girls could not even attend school!
When the hunters found the wild horse, they immediately domesticated it at home in their farms and kept it in their stables.
The definition of domestication is the cultivating or taming of a population of organisms in order to accentuate traits that are desirable to the cultivator or tamer.
