Question

How do monopolies impact a free market system?(1 point) Responses Monopolies ensure a fair distribution of resources. Monopolies ensure a fair distribution of resources. Monopolies result in low prices for consumers. Monopolies result in low prices for consumers. Monopolies eliminate the need for government intervention in the economy. Monopolies eliminate the need for government intervention in the economy. Monopolies eliminate competition and limit consumer choice.
GPT 3.5
Monopolies eliminate competition and limit consumer choice.

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