It creates the possibility of companies, which are selling a certain product on a market which does not have any other producer, becoming and having the 100% of the market share.
This enables them to completely determine the price that can be very high as people will have to pay if they want to have this product.
It also enables them to determine various aspects about the quality of the product in general.
Usualy all this would be determined by the demand and competition. But in a command economy, all of it is determined by the producer. All the products can therefore look the same and don't need to be produced in excess but in just the right amount for the people which is obviously very hard to determine.
Answer:
Merchant wholesaler
Explanation:
A wholesaler is one who buys in bulk from the manufacturer and distributes to retailers, firms or other wholesalers.
A merchant wholesaler is an institution or distributor that majorly specialises in one type of product on a large scale, stores and distributes to other firms.
Plut Enterprise is a merchant wholesaler or distributor, specialising in paper or stationery products, possesses or stores them and distributes to firms.
Answer:
he Federal Executive Council is made up of all government ministers and the Governor-General. the provincial executive administers the province. ... according to my opinion these are the same governmental bodies.
Explanation:
Answer:
0.0197 m
Explanation:
Given that,
Last week, a coral reef grew 19.7 mm taller.
We need to find how much it grow in meters.
We know that,
1 mm = 0.001 m
It means,
19.7 mm = (19.7 × 0.001) m
= 0.0197 m
So, it grows 0.0197 m.
