Why is a monopoly bad for the consumer?

The advantage of monopolies is an ensured consistent supply of a commodity that is too expensive to provide in a competitive market. An electric company is a good example of a needed monopoly. The disadvantages of monopolies are: Price fixing privileges that allow them to dictate prices, regardless of demand

Explanation:

- tobacco.

- "rolfe reacted to consumer demand by importing seed from the west indies and cultivating the plant in the jamestown colony. those tobacco seeds became the seeds of a huge economic empire.the tobacco economy rapidly began to shape the society and development of the colony. growing tobacco takes its toil on the soil."

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hey there! these are the answers.

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