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Answer:
First and foremost I will be discussing the Industrial Revolution. Afterwards I will discuss about lean manufacturing. Subsequently I will be speak on advanced mechanics.
Missouri Compromise was a plan agreed upon by the United States Congress in 1820 to settle the debate over slavery in the Louisiana Purchase area. The plan temporarily maintained the balance between free and slave states. ... Slavery was legal in the Territory of Missouri, and about 10,000 slaves lived there.
Monopoly can increase a corporation s profits of the corporation by applying a policy of price discrimination. Price discrimination is the sale of the same product to different buyers at different prices. By applying price discrimination, the monopoly increases the price above the equilibrium level or increases the volume of sales, due to which the profit increases. Examples of this policy are the sale of the monopoly of their products by separate batches; At the same time, it sells the first batch at a higher price than the subsequent.