Answer:
D. The US economy is the largest in the world when measured in GDP per person.
Explanation:
The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (<u>q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function </u>(because the demand function relates price and quantity).
<u>The result is 15$ as the picture shows. </u>
Many e-government services, such as being able to file certain forms online allow citizens easier access to government services by reducing wait time and eliminating human interaction that can lead to errors.
Answer:
heres your answer
Explanation: Slavery, as a theory, had been a commonly accepted European practice long before the exploration of the New World. Drawing on ancient Greek and Roman history, pro-slavery defenders noted that enslaving prisoners of war was an acceptable alternative to execution—once an enemy had surrendered, it was believed to be the victor’s right to claim the life of their enemy through death or enslavement. Hence, when the Portuguese slave traders started exploring the coast of Africa where it was customary for warring indigenous tribes to enslave each other, they began to buy these slaves for export to the New World colonies. Other pro-slavery advocates argued that it was their mission to convert African non-Christians (whom they referred to as “heathens”) to Christianity and that slavery allowed them to do this more effectively.
