<span>Oligopoly is the type of market that has few number of firms but controls the market for a certain service or product. An example would be the auto industry - Chrysler, GMC, and Ford. So the best example in the question above is 2. Since it is setting a price to maximize output level rather than lowering the price.</span>
Answer:
What are the 3 basic questions that every economic system must answer? What to produce? How to produce? Whom to produce it for?
Explanation:
we learned this in 8th grade
Answer:
In Roman society, the aristocrats were known as patricians. The highest positions in the government were held by two consuls, or leaders, who ruled the Roman Republic. A senate composed of patricians elected these consuls. At this time, lower-class citizens, or plebeians, had virtually no say in the government.
Explanation:
The Pilgrims used to be called the Puritans in 1620 they began calling them Pilgrims
