Math was used to help the researchers with their tools and theories.
Answer:
A monopoly is a market structure where there is only one supplier of a product and many buyers. An example of a monopoly is Microsoft; it is a price setter in the market. Abuse of monopoly power can occur when a firm dominates the market meaning no competitors within the industry. This abuse could be in form of limiting output or setting higher prices to benefit from supernormal profits . This therefore leads to less choice for consumers. Over time, monopolies can become less innovative because they do not have competition and causing the market to fail and be inefficient; the price mechanism fails to take into account all of the costs and/or benefits of providing and consuming a good.
Explanation:
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Option A. a military alliance made up of multinational democracies .
Explanation:
- The western alliance was formalised into an organization the North Atlantic Treaty Organisation ( NATO ) , which came into existence in April 1949. It was an association of twelve states known as multinational democracies.
- Whicj declaref that armed attack on any one of them in Europe or Noth America would be regarded as an attack on all of them .
- Each of these would be obliged to help each other.
With the breakage of warsaw pact , the countries of East Europe also joined NATO as a result of which its number has gone up to 28 and Russia is its participatory member.
Answer:
because Britain had rejected the idea of 'no taxation without representation'.
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