An unfair bias is a sentiment that a person has for something which influences his decision about that thing. This leads to prejudice because a person prefers one person or thing to another.
When a bias is considered unfair, it means that the person who has the bias is unwilling to let logical thinking and facts to make decisions.
Please note that your question is incomplete and as a result, i am giving you a general overview to help you get to the correct answer.
Some examples of unfair bias includes:
- A manager hiring more Asians because he thinks they are better.
- A football fan booing a black player because he feels he is inferior, etc
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The prices went up super high. It effected the economy greatly. Hope this helped! :)
Natural monopolies and the reason to exist in the free market system
Explanation:
In a natural monopoly when a market can supply goods or the cost of the goods can be lowered in competition with the potential competitor then it is called as natural monopoly. In a market when the first supplier of the product is demanding more cost or raises the costs of the product then it eventually rises to natural monopoly.
Here the products are given at a lower rate than the capital supplier. They are available in free market because people always tend to go for lower prices and for a good quality product.
