By definition, are the only or the overwhelmingly-dominant competitor marketing inside monopoly market. enjoy extreme pricing power and can generally maintain this power so long as they do not price at exploitative levels. price exploitatively, and government regulators step in and either impose price ceilings or break out the monopoly.

Monopolies, Monopolists

Explanation:

By definition, monopolies are the only seller and competitor of goods or services inside a monopoly market. If the government does not intervene in such markets, they enjoy extreme pricing as they are allowed to set their price at any amount they choose. They always choose a price that they can make the highest profit possible without being subject to government break out or price ceiling impositions.

the thinkers of the enlightenment wanted to use observation and reason to approach problems in human life, especially dealing with the government.

these scientists used observation and logic to understand the physical world. the enlightenment thinkers were inspired by the example of scientists galileo and newton.

enlightenment ideas had a major influence on the leaders of the american revolution, actually. english leaders in american shared traditions of the magna carta, and the english bill of rights.