on farms in the western frontier. In rural of the South.
Natural monopolies and the reason to exist in the free market system
Explanation:
In a natural monopoly when a market can supply goods or the cost of the goods can be lowered in competition with the potential competitor then it is called as natural monopoly. In a market when the first supplier of the product is demanding more cost or raises the costs of the product then it eventually rises to natural monopoly.
Here the products are given at a lower rate than the capital supplier. They are available in free market because people always tend to go for lower prices and for a good quality product.
This is a good point and i agree
Answer:
Adam Smith is considered the founder of modern economics. He stated that the economic is guided by an invisible hand and that governments should interfere less in some areas of the economic to make it more efficient. He specified that government intervention could be best used in these areas.
1) The creation of social security regulations and also provide national defense to protect the society and all citizens from all the violence and invasions or attack forces from other societies. These of course, is what every society from every country would like to have.
2) The government should establish an exact administration of justice in the context of order and law. These refers to have a court system to apply the right justice for all citizens of a society in an equal manner.
Answer:
No sé lo que estás diciendo.
Explanation:
compra aquí algo. que tenga un buen día :)
