The culture played a great role in unifying the populations. The culture's role is to unify the states through language, law, religion, literature, monumental art and myths.
Mariana Islands and Puerto Rico
C.probation officer
It’s c since a probation officer has to do with the government therefore it qualifies as correctional services
Answer:
The correct answer is - Yes, it can be regarded as a monopoly.
Explanation:
Denel Pvt. Ltd. was founded as a private company, it has various industries but the major one is weaponry, therefore, it is not a typical consumer-oriented corporation.
Denel has the power to destroy, which other consumer items and services do not have or are not meant to accomplish.
Denel enterprise is considered a monopoly more of a private monopoly that does not eliminate monopoly's power or the prospect of misusing as in absence of competition they can drop production and increase prices at the expense of customers
Answer:
C. wages and prices are often inflexible in the downward direction; wages and prices do not fall in the labor and product markets because unions dislike wage cuts and companies are a monopoly market
Explanation:
Say's Law is classical economists point of view, stating that supply creates its own equilibrium. Keynes theory was strictly against this Says Law. Keynes also stated that equilibrium & output is not always at full employment level, it might be below it. Implicatively, the economy would be on or inside it's full production potential PPC.
Keynes stated that wages & prices are sticky. They don't adjust to fluctuating economic activity too quickly. The wage & price stickiness, rigidity is more in downwards direction, they don't fall immediately in response to recession. The reason behind the variables stickiness is that, businesses don't know whether economic slowdown is temporary or permanent. Wages are sticky because of labour unions, employment contracts & prices are sticky because of menu costs, for fulfilling high wages expenditure.
