Shoe for all company was a monopoly. but then competition was allowed to enter its market. as a result of this competition, the prices at shoe for all company were likely to: rise drop remain the same

the prices drop.

Monopoly is characterized by a regime in which only one firm provides the good or service to the population. In this way, the price charged becomes high, since there is no competition.

When the market opens to other suppliers, the company has to compete for the market and this competition happens for the price or the differentiation of the product. If the products are the same and the company charges expensive, it will lose all market share to competitors who charge a lower price. Soon, the entrance of the competition decreases the price.

a compare and contrast essay is a piece of formal writing in which the author focus on the similarities between two ideas, objects, places, etc., and the differences between them. there are some aspects that the author should take into account when he/she is crafting the essay. first, the author has a clear idea of the effect that he/she wants to produce on the audience (a purpose). his/her main idea should be presented in the thesis statement in a simple but effective way which gives the audience a clear idea of the content and the direction of the essay. in addition, it is also important to focus to the similarities and differences that not only are interesting and relevant to the reader but also provide a new, impressive point of view or deeper understanding of a topic.