How does a monopoly violate a consumer’s right to choose?

Question

(1 point)
Responses

It helps consumers afford the product.
It helps consumers afford the product.

It limits the consumer’s product alternatives.
It limits the consumer’s product alternatives.

It makes the consumer’s decisions more difficult.
It makes the consumer’s decisions more difficult.

It prevents the consumer from knowing about the product.
It prevents the consumer from knowing about the product.

Answer 1

A monopoly violates a consumer’s right to choose primarily because it limits the consumer’s product alternatives. By dominating the market and eliminating competition, a monopoly restricts the options available to consumers, reducing their ability to select products based on personal preferences or to choose between different features, prices, and quality levels.