Monopolies are inefficient because they (i) eliminate barriers to entry. (ii) price their product at a level where marginal revenue exceeds marginal cost. (iii) restrict output below the socially efficient level of production. a. (i) and (ii) only b. (ii) and (iii) only c. (iii) only d. (i), (ii), and (iii)

correct option is c. (iii) only

Explanation:

A monopoly is when a particular company is the sole supplier of a particular item. There is no competition for a monopoly when building a good or service. In a monopoly, the company determines a certain price for the good that is available to all customers. Good quantity is low and price is high (this is what makes it good). The monopoly price creates fatal risk because the company forgets the transaction with customers. Deadweight loss is a potential benefit that does not go to the manufacturer or the consumer. Monopolies become inefficient and less innovative over time because they do not have to compete with other producers in one market. For private monopolies, complacency can create space for potential competitors to overcome barriers to entry and enter the market. In addition, long-term options in other markets come under control when the monopoly is ineffective.

It’s option c for sure

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.