The correct answer is that, Monopoly sets their own prices.
When there is no competition in a monopoly it shows that , monopoly they do set their own prices. Monopoly is termed as the only enterprise or person who supplies a particular commodity.
They are characterized by way of lacking competition in economic which produces either services or goods.
We say that there is high monopoly profit when there is monopoly price is being high than marginal cost of the seller.
Government can establish monopolies by integration form.
If she wrote that Ming makes a monetary contribution to an artisan group that produces natural dye in Guatemala two areas would be affected Factors for production and the rest of the world via foreign interactions. Thus the correct answer is B.
<h3>
What are the factors of production?</h3>
The resources that make up the economy's structure and that people utilize to produce commodities and services are known as the factors of production.
Land, labor, capital, and small business development are the four divisions that economists use to classify the components of production.
Businesses can enhance production and produce things of greater quality and at lower costs, if they can boost the productivity of the factors of production.
Therefore, option B factors for production and the rest of the world via foreign interactions.
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Answer: Yes
Explanation:
They have applied and have accepted into the U.S.
John Locke was a philosopher from the Enlightenment period and one of the philosophers that most influenced the Founding Fathers. Locke defended that all people have three natural rights, that exist without the need for a law: Liberty, Property, and Life. This phrase influenced the Founding Fathers because it explains one of those natural rights that were inserted on the Declaration of Independence.
