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3 years ago

What is one drawback of pure competition compared to monopolies

History

1 answer:

OlgaM077 [116]3 years ago

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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 "atomistic market." 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, they're totally irrelevant.

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What was the average Dutch annual income in the 1630s? At the same time, the price of one tulip bulb was approximately how many

Tpy6a [65]

Answer:

1. Average annual income of 5000 guilders

2. the rarest tulip bulbs traded for as much as six times the average person's annual salary

3. When a currency's purchasing power decreases due to excessive inflation, serious negative economic consequences arise, including rising costs of goods and services contributing to a high cost of living, as well as high interest rates that affect the global market, and falling credit ratings as a result.

Explanation:

A number of factors contributed to the conditions that caused Tulip Mania. To start, the coin debasement crisis of the 1620s was followed by a period of prosperity in the 1630s. This prosperity coincided with an outbreak of the plague, which caused a labor shortage and increased real wages and surplus income.

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2 years ago

Who is MOST responsible for writing the Declaration of Independence and list some of the grievances placed in the Declaration of

astraxan [27]

Thomas Jefferson is the one most responsible for writing the Declaration of Independence.

The king refused to assent to laws that were wholesome and necessary for the public good.
The king had forbidden colonial governors to enact laws or implement laws without his assent (which, as the prior point noted, he was in no hurry to give).
The king forced people to give up their rights to legislative assembly or forced legislative bodies to meet in difficult places that imposed hardships on them.
The king dissolved legislative assemblies and then refused for a long time to have other assemblies elected.
The king obstructed justice in the colonies and made judges dependent on his will alone for their salaries and their tenure in office.
The king kept standing armies in place in the colonies in peacetime, without the consent of the colonial legislatures.
The king imposed taxes without the colonists' consent.

There were more items listed by Jefferson, but you get the idea. He was justifying revolution by proving tyranny was standard operating procedure by the British monarchy.

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3 years ago

Discuss the role of Hollywood in teaching, or "misteaching" American history.

Pepsi [2]

Many people rely on movies to learn about historical events, but what they're not really taking into account is that Hollywood's main purpose is to generate blockbusters and revenue.

Firstly, one problem that "historical" movies have is that they're not usually accurate and there's fiction mixed with reality.

Also, many movies can be biased regarding some specific events that happened in the past, so people who watch those movies don't get to see what really happened, they just see a biased version of it.

There are stereotypical depictions in movies that are not completely true, for example cowboys or immigrants.

So, only watching movies to learn about events that happened in the past is not enough bacause dates and places could be wrong, there could be biased movies and sometimes fiction exaggerates the role or identity of historical figures. Movies should be watched as entertainment and to have a good time.

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2 years ago

What was the purpose behind creating the powerful un security council

Svetlanka [38]

Answer:

Maintaining international peace and security.

Explanation:

Like the UN as a whole, the Security Council was created after World War II to address the failings of the League of Nations in maintaining world peace. ... These were the great powers, or their successor states, that were the victors of World War II.

Or

The UN Charter gives the Security Council primary responsibility for maintaining international peace and security. The Council may convene at any time, whenever peace is threatened.

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2 years ago

Why was population a cause of the American Revolution?

ElenaW [278]

Population was not a direct cause of American Revolution but if we look from the point of population growth and associate this growth with Taxes and growing unity among the colonists we can say that the increase in population was another reason for the American Revolution. The answer will be The population had grown quickly.

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2 years ago