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.
Answer:
D. The Byzantine Empire recovered from the 1204 attack.
Explanation:
During the attack in 1204, part of Constantinople's capital city was destroyed by the Ottoman. But in the end, the Byzantine empire still managed to drive the ottoman out of important territories. That being said, Byzantine Empire still lost quite a few of their outer territories to the Ottoman.
The attack in 1453 on the other hand occurred after the Byzantine empire experienced the black plague that killed large portion of their population. This made their military became really week. In the end, the attack in 1453 marked the fall of Byzantine empire.
