Examples of Monopoly
No U.S. markets are more monopolistic than utilities. Providers of water, natural gas, telecommunications and electricity are usually granted exclusive rights to service municipalities through local governments.
Harold Demsetz pointed out that these markets had no such monopoly tendencies before exclusive rights were granted; up to 45 different electric light companies operated in Chicago in 1907, for example.
Trucking and railroad companies became monopolistic after establishment of the Interstate Commerce Commission, which imposed heavy costs
Emile Durkheim created hypotheses of social structure that included functionalism, the division of work, and anomie. These speculations were established on the idea of social realities, or societal standards, qualities, and structures.
The functionalist point of view, likewise called functionalism, is one of the major hypothetical viewpoints in humanism. It has its roots in progress of Emile Durkheim, who was particularly intrigued by how social request is conceivable or how society remains moderately steady.
Answer: yes what can I help you with
Shannon’s maxim reflects Open Design of the textbook’s basic principles.
Kerckhoffs's principle was reformulated by an American mathematician called Claude Shannon as "the enemy knows the system". The mathematician Claude Shannon further refined Kerckhoff’s principle.
According to Shannon’s maxim, "one ought to design systems under the assumption that the enemy will immediately gain full familiarity with them." Thus, in this form it is called Shannon's maxim.
Shannon is regarded as the father of the information age, as he formulated the notion of channel capacity in 1948 A.D. He is also known to reflect Open Design of the textbook’s basic principles.
To learn more about the Shannon’s maxim here:
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In a globalized word is it actually not true that we can avoid the impact of economic downturn in other countries - so answer a) is false.
Being able to find inexpensive labour is actually an advantage, not disadvantage.
Increased competition is one disadvantage - this is the correct answer!
