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Colt1911 [192]
3 years ago
9

How did the joint family enrich connections between its members across generations

History
2 answers:
Rudik [331]3 years ago
4 0
By performing rituals
Over [174]3 years ago
3 0
The answer is by performing the rituals that honor the family’s ancestors
By doing this they connect to they're older family members and where their family came from. Which in turn has the new generations remember them and respect them and so on.
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This is important to note, in that <em>usually when a price is raised, as long as there is comparable quality with competitors who have lower prices, an increase of price will typically lower demand for the product(s) from that individual supplier. </em>However, in holding a monopoly, <em>no matter how much or little they change the prices, as the product is in demand, the market demand would not change as much assuming all things stay the same</em> (i.e., natural demand is still the same amount as before the price change).

So, for example, that there is a natural demand for computer chips. You as well as your company, is the only company that makes computer chips, or at least you make the majority of the computer chips (>90%). This typically means that, if no other company or government has the means to be able to achieve adequate production of computer chips, and as computer chips are important in everyday products and a part of human life now, then an increase of price by $10 is justifiable under the Nature of Demand. The marginal revenue then, would be $10 (the amount increased).

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