A monopoly is an enterprise that is the only seller of a good or service. In the absence of government intervention, a monopoly is free to set any price it chooses and will usually set the price that yields the largest possible profit. Just being a monopoly need not make an enterprise more profitable than other enterprises that face competition: the market may be so small that it barely supports one enterprise. But if the monopoly is in fact more profitable than competitive enterprises, economists expect that other entrepreneurs will enter the business to capture some of the higher returns. If enough rivals enter, their competition will drive prices down and eliminate monopoly power.
Answer: <em>C</em> - He thought they would keep the United States from participating in world affairs
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Candidates from the same party ran against each other. Candidates from two different parties tied. The Electoral College was unable to vote.
Explanation:
My answer got deleted for some reason...anyways the answer is B,weathly merchants
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