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.
Philip is exhibiting adolescent egocentrism.
Egocentrism is a characteristic of very young children, however, it can continue into adolescence as well, as is the case with Philip in this case. He cannot put himself in other people's shoes because he is experiencing pain and believes that no one else has ever experienced that as well. He thinks no one can understand him which is a classic example of egocentrism - focusing on oneself.
Answer:
It is true that Talib has developed a concept of the generalized other.
Explanation:
The generalized other is a concept in which an individual has a <em>common idea as others regarding actions within society</em>. It means an individual is conscious of what the common notions are between other members of society.
In this case, Talib is fully socialized because he <em>understands the notion</em> that people might judge him or not accept his behavior of eating his greasy cheeseburger on the crowded bus. He is conscious of this and thus has developed the concept of the generalized other.
Sure, what seems to be the problem?
