Answer:
Check the explanation
Explanation:
The biggest and most notable reason why oligopolies exist is collaboration. A lot of Firms see more economic advantages in collaborating on a precise price than in trying to battle and drag price competitively with their competitors. By controlling prices in a cartel like way, oligopolies are able to raise their difficulty to entry.
A few oligopolists whose products I make use of are GMC, Samsung, Dell, Apple, UPS, and BP.
Oligopoly is differentiated from monopolistic competition in that oligopoly is comprised of a small number of businesses and they have distinguished or homogeneous products and trying to break-in into their line of business is very difficult.
Answer:
I like your transitions but make sure to indent your paragraphs!
Explanation:
Also don't use personal pronouns like "I,me,you,us"
Answer:
Zeus
Explanation:
He is the king of the Greek Gods
Alexander Hamilton was the founding father that implemented Adam Smith's policies as Treasury Secretary.
Alexander Hamilton was one of the foremost Founding Fathers as he was:
- the first Treasury Secretary
- founder of the Federalist party
- founder of the financial system of the United States
Alexander Hamilton credited Adam Smith with having espoused some of the policies that he drew inspiration from and these led him to come up with the financial system and establish trade with Britain whom he viewed as having an advantage in the production of certain goods(absolute advantage).
In conclusion, Alexander Hamilton paved the way for the financial system of a young country and kept it balanced such that it was able to move from strength to strength and he did so based on the principles of Adam West.
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