Answer:
A. High entry costs prevent new producers from entering the market.
Explanation:
Oligopoly is the opposite of monopoly (only one company that offers a service or is the supply). An oligopoly has few companies offering one service or product which can control the supply and market price of it, such as automotive sector or airline. One of the things that limited competition in an oligopoly is the costs of entry, to set up the manufacturer, to make research and marketing and be able to compete with these companies the entry cost is high.
Thrift, industriousness, and respect for elders/ancestors are valued in cultures with <u>a long-term orientation</u>.
<h3>What is a long-term orientation culture?</h3>
A long-term orientation culture favors past, present, and future times.
The idea of a long-term orientation is to foster virtues oriented towards future rewards, especially, perseverance and thrift.
Unlike short-term orientation, which recognizes tradition, preservation of "face," personal steadiness, and stability, long-term orientation orders relationships based on social status.
Thus, Thrift, industriousness, and respect for elders/ancestors are valued in cultures with <u>a long-term orientation</u>.
Learn more about long-term orientation cultures at brainly.com/question/15025376
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Answer:
A
Explanation:
The Mayflower Compact was the 1st document to declare self-governing in the New World. It established common good in which it represented all people. Influencing Decleration of Independence.
The most important and one of the most criticism in regards
to Piaget’s theory of the cognitive development is that many of the cognitive
abilities are likely emerging earlier to children than of the Piaget thought by
which became the most important criticism because of this event.
Federal Open Market Committee is the <span>group on the Federal Reserve organization chart decides whether to raise or lower interest rates.</span>
