Why is there no competition in a monopoly?

In economics monopoly and competition signify certain complex relations among firms in an industry. A monopoly implies an exclusive possession of a market by a supplier of a product or a service for which there is no substitute.

Think of it as an Airline that has an exclusive route from x to y. They can charge whatever they want since there is no other carrier flying that route. Air Canada is famous for that. Let's say three Airlines fly from point x to point y.

Let's also assume that Alaska Airline (or any other of your choosing) has the same route but Alaska Airline is cheaper. Air Canada will undercut these prices at a great loss to get rid of the competition and immediately raises the prices.

the most likely outcome of fewer loon territories is that hawks would increase in proportion because the benefit of victory would be greater. hawks and loons are natural rivals of resources and victories in the game, since the lakes drying up affected the loons, the hawks would be benefited from the drought.