Answer:
One drawback of pure competition is that sellers don't have the opportunity to earn more than their competitors unlike in monopolies, the sellers can set their own prices.
Explanation:
Pure competition is a type of situation where sellers offer the same products of the same prices. This is also called<em> "atomistic market."</em> So you can imagine that the different companies have almost the same sale. An example of an item under pure competition is "corn." Vendors (people) usually sell them at the same price and quality. If differences do exist,<em> they're totally irrelevan</em>t.
Explanation Answer:
The National Assembly ends feudalism and declares rights for all men. On August 4, 1789, the National Assembly did away with the system called feudalism. This was a system in which poor people were given land by nobles to live on. In return, they had to work the land, pay taxes, and fight in wars for the nobles.
In an effort to stabilize the Cuban economic and social unrest, Castro created a one-party government to exercise dictatorial control over all aspects of Cuba's economic, political and cultural life. Every political dissent were suppressed ruthlessly. At the same time, he expanded the country's social services, extending them to all classes of society on an equal basis. This made educational and health services available to Cubans free of charge, and every citizen was guaranteed employment.
The torah(old testment) .
<span>People have too much money, and there is a danger of inflation. - CONTRACTION FISCAL POLICY
The GDP has fallen to an all-time low, and there is low demand for most goods. - EXPANSION FISCAL POLICY
Few farmers produce cotton because profits are at the equilibrium price. - PRICE FLOOR
Prices of staple foods have shot up because of shortages after an earthquake. - PRICE CEILING</span>
