A monopolistically competitive market is, by definition, constituted by a large number of firms that compete producing diferenced versions of a product. Such companies are not price-takers and they hold certain degree of power market and of control over the pricing decisions.
However, in a market that comprises so many actors in its supply side, the market power is splitted in many small units and the amount exercised by each is not very strong. Firms operating in this market structure do not have enough power to affect their rivals through their internal decisions and also not enough power to affect potential competitors and to prevent their entrance. They cannot set entry barriers to prevent the entrance of new companies in the market.
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Colonialism had a huge impact on the lives of Africans. Economic policies were adopted by Europeans who destroyed the colonies, rather than help them. Africa was damaged economically, politically, and culturally. Africa's traditional lifestyles and culture were destroyed.
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Answer: no ! They didn’t have a president because a president is an executive branch and at that time , they didn’t have that
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e
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I would say this because they have helped many voters which in return made the bosses very wealthy
Answer:It allowed states to make laws that discriminated against U.S. citizens simply because of the color of their skin.
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