Complete the sentence. A monopoly arises Monopoly producers are faced with" The options provided are: A. no competitive producers of the same product. B. only a few competitors producing the same product. C. many competitors producing the same product. D. at least one competitive producer of the same product.for two key reasons, which are ____." The options provided are: A. government regulation and technology B. most firms do not want to be price takers and most firms do not want to be regulated C. close substitutes and a downward-sloping long-run average cost curve D. barriers to entry and no close substitutes