Answer:
PROBLEMS CREATED BY MONOPOLIES:
1. monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.
2. disadvantages of monopolies include price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
3. it can cause inequality, and political abuse.
4. Monopoly tends to limit options available to consumers. Monopoly results in allocative inefficiency--in other words, the monopoly price is higher than the marginal cost of production. Profits do not encourage entry into the industry.
BRAINLIEST PLEASE
❤❤❤❤❤❤
The precedent that Washington and Congress made was to have cabinet meetings with their top advisers.
Hope this helps!
-Payshence
Answer:
Farming business in Texas that were once commercial became subsistence farms in order to compete and gain profits. I believe this is correct
Explanation:
Answer:
The Colerain Treaty was signed at St. This treaty officially allowed the Creek chiefs to recognize the agreement with Spain for the differentiation of the Georgia-Florida frontier. The treaties provided a rule that a trade or military outpost could be founded by the President of the U.S.
Explanation:
hope this helps!
Benito Mussolini and other radicals formed a group to support the war against Germany and Austria hungary
