There are two producers of water heaters that together are the sole providers to a large community. The executives of these companies meet to set minimum prices and production levels. By doing so, they ensure that they each will make a higher profit than they would in a free market. This is an example of a <u>Duopoly
</u>
<u>Explanation:</u>
Duopoly is a kind of Oligopoly where a market is dominated only by few producers. In this case it is dominated by two producers hence it is duopoly. It means that these two producers only influence the market. They maintain a mutual relationship with each other and they powerfully dominate the industry.
It is marketed in a way that the computers are let to choose between either of these two products. To quote as an example we can take Apple and Android which works hand in hand. Price fixing is the important tool that they use to catch the market which will be difficult for a small firm producer to opt for.
Answer:
Thorn bugs go through incomplete metamorphosis, which includes the larva and pupa stage.
Explanation:
This is the only one that makes sense
All of the mentioned things were a direct consequence of World War I. After the end of WWI the Austro-Hungarian empire collapsed, new nation-states were created and Germany lost all its colonies - these are exactly the same things that were asked in your question.
Answer: Friedrich Hayek’s work The Road to Serfdom argued that centralized Economic Planning ultimately threatened liberty. Conservatives used this book to justify a reduced role for the state in the economy, by equating fascism and socialism with the New Deal.
Explanation: Frederick Hayek in his book <em>The Road to Serfdom</em>, published in 1944, criticized government involvement in the market seeing it as a system that leads to loss of individual freedom.
Centralized Economic planning is key to socialism as a method to ensure equality, but Hayek argued that central planning forces the will of a few people on the public. This is not socialism but dictatorship.
Conservatives, who favored a reduced government role in economic planning quoted this book and equated the New deal with fascism. The New Deal was a program designed by President Franklin D. Roosevelt to revive the economy after the Great Depression.
Answer:
option D
Explanation:
The correct answer is option D.
The most important thing in baking a motor vehicle is Looking back carefully.
For Backing safely you should follow the following steps.
- Look behind your vehicle.
- Look at the rear window while backing in a straight line and right.
- Paddle on the accelerator very slowly.
- while backing always looks in the mirror.
By following all these steps you can back your vehicle without any difficulty.
