1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kaylis [27]
3 years ago
10

What is one drawback of pure competition compared to monopolies

History
1 answer:
OlgaM077 [116]3 years ago
7 0

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.

You might be interested in
7. One of the advantages of the First and Second Estates is that their members did not have to pay
Digiron [165]
Taxes.

The tax burden in France, prior to the French Revolution, fell on the shoulders of the 98% of the population that made up the Third Estate.   The First Estate consisted of the clergy, and the Second Estate was the nobility.  Those two estates overlapped in some ways, because high ranking church officials functioned as a form of aristocracy too.  And the two leading Estates colluded with one another to keep the system operating the way it was, with them having all the privileges and powers underneath the monarchy.

4 0
4 years ago
What was life like in a japanese-american internment camp in new mexico?
enyata [817]
Between March 1942 and April 1946, the US Federal government, in a Department of Justice Internment Camp<span> in Santa Fe, incarcerated 4,555 men of </span>Japanese<span> ancestry. The Army operated a prisoner of war </span>camp<span> in the southwest corner of </span>New Mexico <span>in Lordsburg where men of </span>Japanese<span> ancestry also found themselves imprisoned.</span><span />
6 0
3 years ago
What was one issue George Washington and James Madison disagreed about?
Minchanka [31]
2.) Washington was opposed to political parties, but madison thought political parties would help limit the power of government.
3 0
4 years ago
Read 2 more answers
The Sunni and Shia (Shiite) Muslims originally disagreed over.......
atroni [7]
C who should succeed Muhammad
3 0
3 years ago
What finally caused Germany defeat during world war 1?
Kaylis [27]
Germany lost the war because it was overwhelmed by surmounting enemy forces; it was out of soldiers and ideas, and was losing ground every day by October 1918.
3 0
4 years ago
Read 2 more answers
Other questions:
  • 1. What was the issue in the Supreme Court case of Plessy v. Ferguson? What did the court rule?
    6·1 answer
  • Which answer best summarizes the impact of Thomas Paine's pamphlet Common Sense?
    6·2 answers
  • 1. Which hominids lived side by side with prehistoric humans?
    5·2 answers
  • Write a sentence using two of these terms: foreign policy, national security, treaty.
    9·1 answer
  • Members of the House of
    6·2 answers
  • What were the important battles in the war of texas independence? why was each important?
    14·1 answer
  • What system divided Indian
    6·1 answer
  • How does the author develop the idea that students today do not learn enough about Reconstruction?
    7·1 answer
  • WOOD YOU LIKE MEAT? BEKOZ WANT MEET OR ANGERRY!!!!!³√∛⇒ФФωωω∫⊥∉∉⇔⊇⊕↑
    11·2 answers
  • What made the american colonists to raise the slogan no taxation without representation.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!