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Kaylis [27]
4 years ago
10

What is one drawback of pure competition compared to monopolies

History
1 answer:
OlgaM077 [116]4 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.

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Senate and House of Representatives.

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Answer:

The cause of the U.S. participation was pirates from the Barbary States seizing American merchant ships and holding the crews for ransom, demanding the U.S. pay tribute to the Barbary rulers. United States President Thomas Jefferson refused to pay this tribute. Sweden had been at war with the Tripolitans since 1800.

Explanation:

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Imagine you are the president of the United States and you have the ability to purchase land and double the size of the US. You
Molodets [167]

Answer:

No.

Explanation:

Just because you can, doesn't mean you should. There are many factors to this question. By purchasing land and expanding the US by double it's size, you have people that may not agree with your decision or that idea. There could possibly be protests, riots, etc. You're also at possible risk of conflict with other countries based on their stance on your actions. An example is the 45th president, Donald J Trump, attempting to purchase a countries land. A lot of the US' own people didn't agree with that offer. Countries were at opposition to him choosing that option. Based on these factors and that example, I would not purchase the land.

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