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Answer: A. competition among producers</h3>
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Explanation:
Competition reduces prices while also increasing the quality of the product or service. Companies that don't do such things will likely be out of business since the customer can go elsewhere for a better experience. The more competition, the better consumers are off.
In contrast, monopolies are bad for consumers because one company can set the price to whatever they want (to a certain level of course) and the customer has no choice to pay that price. The customer does not have any other option so the company is in full control. This leads to decline in quality because quality is often associated with cost. Safety standards may decline as well. So this is why monopolies are not good for the customer. In cases where there are monopolies, such as with power utilities, it is strongly advised that government regulations are put in place. This way the company doesn't completely exploit the customer.
In short, we can eliminate choice D because it runs counter to choice A.
Choice C can also be eliminated because if you had a decrease in supply, then the price of the product is likely to go up if you hold other factors in check (such as keeping the same level of demand). Higher prices do not benefit consumers unless those consumers had an equal or better wage increase.
A raise in interest rates means that it becomes more expensive to borrow money. For example, a raise in interest rates means that mortgage rates go higher. This negative is slightly counterbalanced with the fact that savings accounts interest rates go up as well. Overall, I think a rise in interest rates means that consumers ultimately pay more, so we can cross choice B off the list as well.
The vizier<span> was the highest official in Ancient </span>Egypt<span> to serve the pharaoh (king) during the Old, Middle, and New Kingdoms. </span><span>among Egyptologists. ... The</span>viziers<span> were often appointed by the pharaoh.</span>
Answer:
Ancient civilizations based a large part of their economy and their subsistence on trade and exchange of goods. Thus, they were guided by a very simple premise: they traded what they had left over, to obtain in exchange what they lacked. For example, if a civilization overproduced wheat, it could trade that surplus for goods it did not have, such as animals. In this way, all civilizations covered their needs without the obligation to procure them all by their own hand.
Answer:
The government of the Philippines (Filipino: pamahalaan ng Pilipinas) is the national government of the Philippines. It is governed as unitary state under a presidential representative and democratic and a constitutional republic where the President functions as both the head of state and the head of government of the country within a pluriform multi-party system.
