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A company with a natural monopoly might be the only provider or product or service in an industry or geographic location. Natural monopolies are allowed when a single company can supply a product or service at a lower cost than any potential competitor but are often heavily regulated to protect consumers.
Answer:
Toys R Us, JC Penny, Sears, Chuck E Cheese, GNC, 24 Hour Fitness, among others.
Explanation:
Answer:
She wants her son to be have for whren they go to church so she uses a candy to show him if she does behave he will get one.
Explanation:
Answer:
the quantity demanded changes slightly with the price.
Explanation:
As was shown in the chart title, we can see that the chart will present the demand for microwave oven and what is the relationship between this demand and the price of the product, since the amount of demand is in the x axis and the amount of the price is on the axis y. As we can see, the graph has a negative slope, which links the values of demand and price in an inversely proportional way. This shows that the amount of demand changes slightly with the price, and as the price increases, demand decreases.