Wilbert Awdry Christopher Awdry and Britt Allcroft
Answer:
Among the options given on the question the correct answer is option C.
Slightly above their costs in the long run.
Explanation: The monopolistic competitive firms are those who produce the similar products and service but without perfect substitute. The monopolistic firms are closely related with the business strategy of brand differentiation. Basically, the monopolistic competition is the combine of monopoly and perfect market. The monopolistic competition don't have the the power to control the market price like the monopoly system.
When the profit matter comes to the business, the monopolistic firms earn profits slightly above their costs in the long run. Because barriers to entry are low, other firms have an incentive to enter the market, increasing the competition. As a result to survive in the market the profit margin gets lower. Therefore, they just make the profit above their costs.
William D. "Big Bill" Haywood is the most notable founder
The most important geographic factor is the environmental impact of a New Sea port and if it has easy access to the oceans into transportation from England points to come to it. The mouth of the Mississippi River in New Orleans and the Seaport have severely negatively impacted the environmental area. Hurricanes can hit the area and for example New Orleans is mostly below sea level, this caused a major disaster in the area of which they are still feeling the economic impact of not being prepared for such a major catastrophe .
The South had always been less enthusiastic about the railroad industry than the North; its citizens preferred an agrarian living and left the mechanical jobs to men from the Northern states. The railroads existed, they believed, solely to get cotton to the ports.
