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Sagot :
Final answer:
Monopolies negatively impact consumers through high prices, limited choice, and the potential for corruption.
Explanation:
A monopoly can unfairly impact consumers in several ways:
- Monopolies can charge high prices for their goods because they do not face competition, resulting in consumers paying more than they would in a competitive market.
- Monopolies might force consumers to buy their goods, regardless of whether buyers want them or not, limiting consumer choice and power.
- Monopolies can lead to corruption as their owners may be able to bribe the government, further exploiting consumers.
Learn more about Impact of monopolies on consumers here:
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