Answer:
Option C: In the long run, positive economic profit will be eliminated.
Explanation:
The statement that best describes firms under monopolistic competition is Option C, which is "in the long run, positive economic profit will be eliminated."
<u><em>Hope this Helps! Please Mark Brainliest!</em></u>
The wars of King Williams and Queen Anne both resulted in negotiated peace treaties and had minimal impact on the colonies, they also fought concurrent conflicts in Europe. The Wars of the Spanish Succession and the League of Augsburg were fought in Europe under the reigns of King William and Queen Anne, respectively.
The failure to abide by the treaties and accords established at the end of King Philip's War was a major contributing factor to the outbreak of the King William's War. The fact that the Indians were receiving assistance from the French or maybe the Dutch further disturbed the English.
The War of the Spanish Succession, a greater conflict taking place in Europe, was only being waged in the New World as Queen Anne's War's theatre. The conflict started in November 1702 when Castillo de San Marcos, a Spanish colonial bastion in St. Augustine, Florida, came under siege from English provincial soldiers and their local allies, led by Governor James Moore of Carolina.
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The early sociologists that laid the foundations for the discipline of sociology would be :
- Emile Durkheim,
- Saint simon
- Max Weber
- C Wright Mills
- Karl Max
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When something that is typically confined to a local area becomes worldwide, this process is called :- <u>Globalization</u>
<u>Globalization\</u>
The word "globalization" is used to describe how commerce and technology have increased connectivity and interdependence around the world. The scope of globalization also includes the resulting changes in the economy and society.
The effects of globalization are changing how individuals, corporations, and governments interact. In particular, it alters the character of economic exchange between countries by fostering commerce, opening up global supply networks, and facilitating access to labor markets and natural resources.
<h3><u>What are 4 examples of globalization?</u></h3>
- Cultural Globalization
- Diplomatic Globalization
- Economic Globalization
- Automotive Industry Globalization
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