Answer:
<h3>Often create a favorable "climate for investment."</h3>
Explanation:
Conflict theorists contends that multinational corporations incline towards developing countries because these countries often create a favorable "climate for investment." A number of factors attribute these MNC's attraction towards the developing nations.
The weak economic, financial, and socio-political conditions of these countries prompts large MNcs to establish their factories and industries in developing countries as there is lack of proper governmental intervention and strong trade unions.
The Conflict theorists also argue that developing nations have high chances of being exploited by large corporations while maximizing their profits. The availability of large number of cheap labor in these nations is another influencing factor which attracts MNCs to establish factories in these countries.
The right option is; c) the market is dominated by two or more sellers
A pure competitive market is a market in which there are a large number of sellers and buyers that are dealing in similar products. This type of market has so many competitors that sells the same product or service with the same price and quality. The price of products in a pure competitive market is determined by what consumers are ready to pay.
Answer: B
Similar to a teacher teaching world history which develops accurate studied terms and more information!
( Baby learns how to walk with parent )
The correct answer is C.
A natural monopoly is a market situation in which a single firm serves the whole market, therefore it is the only producer of a certain good or service, due to the fact that there exist some natural conditions which establish huge barriers for new competitors entering in the market, in the sense of extremely large fixed costs.
In such a case there is no market competition, therefore the monopoly can decide on the quantity supplied and on the price of the products (usually establishing a much higher one that if there was competition). Such a situation is harmful for consumers. They purchase products at a higher price and with lower quality because, as there is no competition, producers are not forced to continuously develop and improve their products. This is why goverment intervenes, trying to soften the situation by decreasing the profits of the monopolists and increasing the welfare of consumers, and the social welfare.
