The correct phrase that would lead to price-fixing is it has lower production costs due to economies of scale.
Monopoly is referred to as the market that includes one seller and many purchasers or consumers. The one seller controls the price of the commodities and also the output quantity of the commodities.
This is a very rare form of market applicable in the economy but there are some firms that exist in the market with control over the major portion of the market.
A monopoly market is a market that mainly focuses on profit generation and maximization. It itself makes the prices and decides the prices of the commodities. It sets the barriers for entry and exists in the market.
Therefore, the correct option is A.
To know more about the monopoly market, refer to the link below:
https://brainly.com/question/2028626
