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:
The freeway
Explanation:
Freeways are constructed far from city centers because they are majorly for fast vehicular movement at speeds which will be higher than speed allowed in the city. The construction of freeways have also resulted in the expansion of cities to the outlying areas the freeways occupy.
The two common terms used to identify the House of Representatives are (B) lower house or people's house. The United States House of Representatives is one of the two houses of the United States congress (a bicameral legislature) alongside the Senate.
Answer:
Nepal has always been known for its religious tolerance. It is predominantly a Hindu State practicing Hinduism, but Buddhism is also being practiced widely. Besides Hinduism and Buddhism, Islam and Christianity too are practiced by a few. It is one of the few countries where the minorities also live in utmost peace.
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