Are there instances where monopoly is a necessary market arrangement?

1. Topic: Why are monopolies generally considered a bad thing from an efficiency standpoint? Are there instances where monopoly is a necessary market arrangement? How does the fair return price differ from the socially optimal price? Philosophically, do you believe a company that is producing a non-essential good should be prevented from achieving monopoly status if they abide by the law? Why or why not? (at least 100 words.)
2. After reading chapter 23 and conducting original research (5 source minimum) discuss with precision what Universal Basic Income is and touch on the following main themes:The rationale for using UBI programsHistorical precedents/experimentsCurrent supporters of UBI programsArguments against UBI programs
Do you think that UBI will gain any political momentum in the near future and what is your personal position on such a program (be clear and specific)
book needed to complete assignment,Textbook Title: Microeconomics w/ Connect (LL Value Pack)Textbook Author: McConnellTextbook Edition: 22ndPublisher: McGraw-Hill