The correct answer is that, Monopoly sets their own prices.
When there is no competition in a monopoly it shows that , monopoly they do set their own prices. Monopoly is termed as the only enterprise or person who supplies a particular commodity.
They are characterized by way of lacking competition in economic which produces either services or goods.
We say that there is high monopoly profit when there is monopoly price is being high than marginal cost of the seller.
Government can establish monopolies by integration form.
Answer:
B. The U.S. sold Europe goods needed during the war and took over some markets completely
Explanation:
"The total value of U.S. exports grew from $2.4 billion in 1913 to $6.2 billion in 1917. Most of that went to major Allied powers like Great Britain, France, and Russia, which scrambled to secure American cotton, wheat, brass, rubber, automobiles, machinery, wheat, and thousand of other raw and finished goods." - Heather Michon
Answer:
One of the ways that the government can become a consumer is that in its construction projects, they are dependent on manufacturers of cement, gravels, and others. There are still lots and lots of examples of this. Then, a way that it becomes the producer is when it lets the citizens pay for all the permits. They produce the permits and actually earn money from it. They use this money for different projects.
Explanation:
Answer:
Obesity
Explanation:
Research evidences suggest that the consumption of whole milk reduces the likelihood of obesity in children and adults. The current practice by the dairy industry will result in a decrease in less milk fat and results of researches suggest that high dairy fat intake can reduce the risk of obesity. Thus with the increase in milk with low fat, there will be increased risk of obesity. Skimmed milk (milk low in fat) has been reported to cause obesity.
<u>Answer:
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According to John Garraty, the growth of presidential primaries had made the selection of the vice president less democratic because only the elections for the presidential candidate nomination are conducted within the party.
<u>Explanation:
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- The parties that contest elections are mostly inclined towards and interested in the election of the presidential candidate and it is observed that not many care who the party's vice-presidential candidate is.
- The vice-presidential candidate is usually directly chosen and not elected by the party members like the presidential candidate is elected.
