The answer is A. In a
monopoly is only one provider of a certain resource or service that the public
needs. In this kind of situation that
provider gains access to majority of the profits generated. Competition is eliminated since he controls that
particular good or service that consumers demand so much of. The stronger the demand for that good, the
more profits that provider makes. These
days there are laws against monopoly. In
fair market economy, there should be competitors in providing goods and
services. This way, consumers can choose
from whom they purchase these goods from.
