James Edward Oglethorpe was a British soldier and a founder of the colony of Georgia.
Where are the answer choices?
Enumerated powers are enumerated in some kind of document.
Implied powers are not specifically enumerated in some kind of document, but they would be necessary to fulfill some responsibility.
1.) Government Corruption
2.) Insufficient Funds
3.) Loss of Job Opportunities
4.) low economic growth
5.) Minimum wages are not sufficient enough to support families
Answer:
Check the explanation
Explanation:
The biggest and most notable reason why oligopolies exist is collaboration. A lot of Firms see more economic advantages in collaborating on a precise price than in trying to battle and drag price competitively with their competitors. By controlling prices in a cartel like way, oligopolies are able to raise their difficulty to entry.
A few oligopolists whose products I make use of are GMC, Samsung, Dell, Apple, UPS, and BP.
Oligopoly is differentiated from monopolistic competition in that oligopoly is comprised of a small number of businesses and they have distinguished or homogeneous products and trying to break-in into their line of business is very difficult.
