An oligopoly is a market structure in which the market is shared between a few firms, this few firms sell identical or differentiated products , and the industry has significant barriers to entry.
The automobile industry considered an oligopoly because there are few leading auto manufacturers which are having significant influence over the industry. All these firms sell identical products. And the last characteristic of an oligopoly is also there: it is very hard for a firm to entry this market because production costs are huge.
Although "advantages" is an odd way to put it, the benefits stemming from the 1920s economic climate were that investing was at an all-time high. Of course this eventually led to the Great Depression.
Answer:
D. Demand will increase, and price will increase.
Explanation:
Supply and demand are proportional. If you cut out the factor of price and see it as just those two factors, it is easy to understand that if one falls, the other rises. This goes both ways;
If supply falls, demand (and subsequently price, since stores need to maintain stock) will rise.
If demand falls (this also means that price falls), then a product will be in abundance, and supply rises.
The answer I believe is b. Lead to cravings for the drug when it is not available.
Answer:
Myths
Explanation:
As a person who studies Greek Mythology myself, I can tell you this. Stories about Greek gods and goddesses are called Myths.
