Answer:
The answer is C. Government licensing allows media companies to have a near monopoly.
Explanation:
Not anyone can start a media company just because they want to. There are barriers to entry such as the large capital expenditure, staffing, and the government licensing.
Among these, the major contributor towards the marketto become an oligopoly is the government licensing process.
There are many things to consider and do during the licensing process and it is highly time consuming as well. Moreover, the costs involved is significantly high as well.
Answer:
The correct option is;
B. You have an increased chance of financial stability
Explanation:
The advantages of going to college includes;
1) College graduates make more salary on average
2) Holding a college degree improves career stability
3) Improved job satisfaction
4) Improved financial know how on savings and investment
5) Stable marital life
6) College graduate are able to be better citizens, by their willingness and ability to contribute meaningfully whenever a volunteer requirement
It's called a <u>holographic will</u>.
Answer: Russia has an absolute advantage in the mineral.
Explanation:
Absolute advantage is an economics term that means to the ability of an individual, firm, or nation to manufacture a larger quantity of a product than its competitors.
Adam Smith proposed absolute advantage of absolute advantage in international trade by using only labor as the input. Absolute advantage is derived by comparing labour productiveness between countries.
Russia has an absolute advantage because it's the nation that can produce the highest amount.
