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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That statement is True
The original draft of the constitution could be considered toward several groups for people. For example, under original draft, Women and Slaves (ethnic minorities) were not allowed to vote. It took years for the Supreme Court to be able to change this regulation.
Heya!! W.E.B Du Bois and Booker T. Washington both had a goal to uplift black community and the both apposed racial violence.
