Select a non-monopolized product or service with which you are familiar and determine how the consumption of that product or service would differ if…

•Select a non-monopolized product or service with which you are familiar and determine how the consumption of that product or service would differ if it were controlled by a monopoly.

Select a non-monopolized product or service with which you are familiar and determine how theconsumption of that product or service would differ if it were controlled by a monopoly.Answer:…