Im confused? Both of the statements "Monopoly limits the options available to consumers" and "A monopoly's output will often be less than would be the case if the market is competitive" are valid criticisms of unregulated monopoly. Monopoly limits the options available to consumers: In a monopoly, consumers have fewer choices because there is only one seller controlling the entire market. This lack of competition can lead to reduced innovation, limited product variety, and potentially higher prices for consumers due to the absence of substitutes. A monopoly's output will often be less than would be the case if the market is competitive: Monopolies can restrict output compared to what would be produced in a competitive market. This occurs because monopolists have the power to restrict supply in order to maintain higher prices and increase their profits. As a result, consumers may not receive the socially optimal level of goods and services, leading to deadweight loss and inefficiency in resource allocation. Both of these criticisms highlight the negative effects of unregulated monopolies on consumer welfare and market efficiency. Therefore, the correct choice is: "Monopoly limits the options available to consumers and A monopoly's output will often be less than would be the case if the market is competitive are both true