Which best describes the availability of substitutes in a monopoly? Price points vary. There are no substitutes. There are different brands. Products have different features.

The option which best describes the availability of substitutes in a monopoly is:

A. There are so substitutes.

Explanation:

We have a monopoly when only one company offers a certain product or service, dominating that sector. A substitute product in economics is a product perceived by the consumer as having the same purpose as another product. For instance, I can use sweetener in my coffee instead of sugar, which means the sweetener is the substitute product when it comes to sugar. However, when there is a monopoly, substitute products cannot be found. That company detains control over that industry or sector, therefore only that company's product is available. There are no other companies producing similar products.

1. read the following excerpt from franklin d. roosevelt's "fireside chat 19":

on the other side of the picture, we must learn also to know that guerilla warfare against the germans in, let us say serbia or norway, us; that a successful russian offensive against the germans us; and that british successes on land or sea in any part of the world strengthen our hands.

remember always that germany and italy, regardless of any formal declaration of war, consider themselves at war with the united states at this moment just as much as they consider themselves at war with britain or russia. and germany puts all the other republics of the americas into the same category of enemies. the people of our sister republics of this hemisphere can be honored by that fact.  

the true goal we seek is far above and beyond the ugly field of battle. when we resort to force, as now we must, we are determined that this force shall be directed toward ultimate good as well as against immediate evil. we americans are not destroyers — we are builders.

analyze the effectiveness of this excerpt. how does it function within the speech as a whole? how does the structure of the excerpt to convey the speech's purpose and key points? support your argument with evidence from the speech. (10 points)