A feature of imperfect competition is <u>economies of scale</u>, which means that as the firm expands its production, average costs of production fall. Therefore, the firm can <u>decrease</u> its costs of production by selling internationally.
Answer:
The weaknesses of the Articles of Confederation:
- Congress could not levy taxes (It did not have the power to tax citizens and it was almost impossible to pay for the costs of the American Revolution
.)
- Congress could not control trade. (either national or foreign)
- Nine of the states had to agree to pass a law. (The approval of only nine states was required to ratify laws.)
- There was no national court system. (The country did not have the power to enforce laws.)
- There was no executive to enforce the laws.
Answer:
Distinct and opposed classes in the capitalist economy
Explanation:
The bourgeoisie represents the owners of the land and the factories, while the proletariat is formed by the workers employed by the bourgeoisie.
According to Karl Marx both classes have different interests, while the bourgeoisie wants to have higher profits with as lower salaries as possible, the proletariat has to struggle for their rights to revert this.
It is important to mention that Marx lived during the 19th century, a time when worker´s rights were very far from what they are today.
Answer And Explanation:
False sciences or pseudopsychology here do not change as t
