Answer:
PROBLEMS CREATED BY MONOPOLIES:
1. monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.
2. disadvantages of monopolies include price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
3. it can cause inequality, and political abuse.
4. Monopoly tends to limit options available to consumers. Monopoly results in allocative inefficiency--in other words, the monopoly price is higher than the marginal cost of production. Profits do not encourage entry into the industry.
BRAINLIEST PLEASE
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Answer:
After they were freed, indentured servants were given their own small plot of land to farm.
Explanation:
Answer:
he reconstructed the city politics and sterngthened the senate power
Answer:
From hunting lodge to palace. France's kings were first attracted to Versailles because of the area's prolific game. Louis XIII, who lived 1601-1643, bought up land, built a chateau and went on hunting trips. At the time, much of the land around Versailles was uncultivated, allowing wild animals to flourish.
