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
People might be motivated to move away from the countries of origin for many reasons, known as push factors. Similarly, people a
jok3333 [9.3K]
Push factors are the example of poverty, political and religious persecution. the like of which were in Europe during the mass exodus to the new world.
Pull factors include  job opportunity,education opportunity, peace and freedoms as well as higher standards of lives.

7 0
3 years ago
Read 2 more answers
How did Portugal gain an advantage in trading in comparison to other European nations?
mixer [17]

Answer:

The biggest changes were in rigging. At first they concentrated on lateen sails, then added a mix of square sails and lateen for deeper penetration into the South Atlantic, with further changes for the much longer route round the Cape. Knowledge of these techniques was protected by forbidding sales of ships to other countries. A third commercial advantage was Portugal's ability to absorb “new Christians” — Jewish merchants and scholars had played a significant role during Muslim rule.

Hope this helps! If so please mark brainliest and rate/heart to help my account if it did!!

6 0
3 years ago
Read 2 more answers
URGENT!
lorasvet [3.4K]
My answer is The Union was able to stop Confederate supplies from entering Florida.
8 0
2 years ago
_______________was the name for the invasion of northern France to drive back the Nazis into Germany.
Elenna [48]

Answer:

D-Day

Explanation:

<u>D-Day, also known as The Normandy landings, (6th of June, 1944) is the largest seaborne invasion in history. Its goal was to drive Nazis from France, but it spread to the rest of occupied Western Europe.</u>

<u>On this day, allied troops landed on the coastline of Normandy with more than 5 thousand ships, and started fighting and progressing to central Europe. </u>

This was the cornerstone of the Allied victory on the western front and the liberation of occupied Europe from the Nazis.

3 0
3 years ago
Who ever answers first gets branliest!!!!!!!!!
Dmitry_Shevchenko [17]

Answer:

A. the rise of kingdoms because of the importance of controlling land and long-distance travel routes

Explanation:

The Vedic age was a period in which the kingdom economy was based on self independence or sufficiency. Everyone in the kingdom of the Vedic Aryans was supporting each other trade which limited the expansion of businesses.

However, as time goes by, the people get fed up with this system and were agitating for more economy growth. This resulted in the idea of changing goods with other locals which later increase production. This means of trade was known as Barter and due to transformation in the number of sales increase, there was a high demand in competition for land , water and other available resources.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Can anyone help me?
    12·1 answer
  • The treaty of Paris ended the revolutionary war and determined the American borders to be between..
    10·2 answers
  • Who is the leader of a party's national committee?
    12·2 answers
  • What do we call the study of human life and culture?
    5·1 answer
  • A/an (blank) is a form of government in which citizens choose their leaders by voting.
    12·2 answers
  • France and England's main motive with
    15·2 answers
  • Which of the following accomplishments is associated with Benjamin Franklin? (5 points)
    7·2 answers
  • Who was gordan ramsey?
    13·1 answer
  • Why did people in the renaissance admire romans?
    13·1 answer
  • What is the answer to question 12 and 13
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!