Question

Which of the following are reasons that the United States began to regulate monopolies in the late 1800s?(1 point)

Responses

too much competition led to increasing prices
too much competition led to increasing prices

consumers had little or no choice when buying goods, leading to poor quality
consumers had little or no choice when buying goods, leading to poor quality

it allowed the government to levy higher taxes on the population
it allowed the government to levy higher taxes on the population

the government wanted to take away wealth from firms

Answer 1

[AI-generated answer — Bot GPT 3.5]

too much competition led to increasing prices

consumers had little or no choice when buying goods, leading to poor quality