The correct answer is that, Monopoly sets their own prices.
When there is no competition in a monopoly it shows that , monopoly they do set their own prices. Monopoly is termed as the only enterprise or person who supplies a particular commodity.
They are characterized by way of lacking competition in economic which produces either services or goods.
We say that there is high monopoly profit when there is monopoly price is being high than marginal cost of the seller.
Government can establish monopolies by integration form.
The Americans believed that the USSR was behind the North Korean invasion and they were determined to stop Stalin. ... They also hoped to take advantage of the USSR's boycott of the UN to get the UN to agree to military help for South Korea. The advance of communism elsewhere made America more determined.
Answer:
the right to life, liberty, free speech and privacy
Explanation:
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