A ✔ monopoly
occurs when there is only one company that sells a product in a given market.

When competitors agree to sell a product for the same price instead of competing, this is called a
✔ trust
.

Both monopolies and trusts reduce
✔ competition
, which results in increased
✔ prices
for consumers.

A  monopoly  occurs when there is only one company that sells a product in a given market.  When competitors agree to sell a product for the same price instead of competing, this is called a  trust . Both monopolies and trusts reduce competition , which results in increased  prices  for consumers.

Explanation:

2686-2181 bce-- "egyptian civilization developed along the nile river in large part because the river’s annual flooding ensured reliable, rich soil for growing crops."

1069-664 bce-- "ancient egyptians developed wide-reaching trade networks along the nile, in the red sea, and in the near east."

in mcculloch v. maryland (1819) the supreme court ruled that congress had implied powers under the necessary and proper clause of article i, section 8 of the constitution to create the second bank of the united states and that the state of maryland lacked the power to tax the bank.

gibbons v. ogden, (1824), was a landmark decision in which the supreme court of the united states held that the power to regulate interstate commerce, granted to congress by the commerce clause of the united states constitution, encompassed the power to regulate navigation.