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Monopoly, the famous board game, is based on a game originally designed by Elizabeth Magie to teach people the evils of monopoly practices by businesses

Monopoly, the famous board game, is based on a game originally designed by Elizabeth Magie to teach people the evils of monopoly practices by businesses in the marketplace.

1. What is the current price of the Monopoly board game, online at: https://www.amazon.com/Hasbro-00009-482-Monopoly-Board/dp/B00CV5PN2W?

2. By doing your own online research, what company manufactures and sells the Monopoly board game? Is this company a monopolist in the market for board games? Explain.

3. The Monopoly board game is based on a game originally designed to teach people the evils of monopoly practices by businesses in the marketplace. In terms of microeconomics, describe one negative consequence of monopoly in a marketplace.

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