1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sp2606 [1]
3 years ago
15

In an industry in which there are several providers of a type of good, why can one business not charge much higher prices for th

eir goods?
History
1 answer:
Alla [95]3 years ago
8 0

Answer:

One business can't charge much higher prices for their goods because of supply and demand.

Explanation:

Since there are several providers the supply is wide, which means the demand is being accounted for. If a new business were to charge much higher prices for their goods it wouldn't be able to compete in an already overflowed market. To charge higher the business would have to offer a different type of goods, one that has a proper demand for the targeted prices.

You might be interested in
Why was the Battle of Kettle Creek an important victory for the patriots?
boyakko [2]

Answer: D. It encouraged the patriots to lee fighting.

Explanation:

I just got it right

3 0
3 years ago
All of the following are well placed to write a letter of recommendation for your college applications except
ira [324]
I think the best option would be A
4 0
3 years ago
What very personal reason did Malcom’s father have for preaching the philosophy of Marcus Garvey
sergij07 [2.7K]

Which inspired a global mass movement, known as Garveyism would eventually inspire others

3 0
4 years ago
18. Andrew Johnson was impeached by Congress when he
IgorLugansk [536]
Dismissed appointed officials.

Although the was intent on carrying out President Lincoln’s reconstruction plan, he did it in a way that angered others. He then continued to dismiss appointed officials without congress’ consent.

Hope this helps!
5 0
3 years ago
"The enlightened ruler, in ruling his country, increases the guards and makes the penalties heavier; he depends on the laws and
Alecsey [184]
I would say this represents Legalism, a philosophic movement in China in the past that reinforced autocratic rule by enacting laws that controlled the people and consolidated the power of the autocrats and the state and promoted stability, security and order. It peaked in the Qin Dynasty.
5 0
3 years ago
Read 2 more answers
Other questions:
  • What were some of the defining characteristics of the colonial economy and society? • key policies of colonial powers regarding
    6·1 answer
  • What was the goal of the lewis and clark expediton
    12·1 answer
  • In the ninth century, the model of medieval society was divided into those who work, those who fight, and those who
    11·1 answer
  • What risks did declaring independence pose for the colonist
    6·2 answers
  • One main difference between the United States Constitution and state constitutions is that state constitutions 
    8·1 answer
  • Which oceans do not border Asia
    8·2 answers
  • Place the following sequence of events in the correct order.
    13·2 answers
  • Give a brief description of the tale of King Minos and the Minotaur.
    11·1 answer
  • According to the Great Compromise, how are states represented in each house of Congress?Does this favor people or states?
    15·1 answer
  • Hernan Cortez did which of the following?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!