Which phrase best completes the table? | Monopoly | | | --- | --- | | Benefits | Drawbacks | | Has lower production costs | Allows for little competition between businesses | | | May lead to price-fixing | A. Makes a greater variety of products available to consumers B. Has more money for research and development C. Promotes innovation and entrepreneurship D. Is less likely to be regulated by the government
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Step 2
: Analyze the context

The table is discussing the characteristics of a monopoly, listing its benefits and potential drawbacks. We need to find a phrase that best completes the table and matches the existing entries.

Final Answer

Has more money for research and development The reasoning is that monopolies, by controlling an entire market, can generate significant profits that could potentially be redirected into research and development efforts.