Answer:
Monopoly.
Explanation:
Monopolistic competition characterizes an industry in which many firms offer products or services that are similar, but not perfect substitutes. Barriers to entry and exit in a monopolistic competitive industry are low, and the decisions of any one firm do not directly affect those of its competitors. Monopolistic competition is closely related to the business strategy of brand differentiation
A. Government failure to distribute resources effectively.
Although the foundation of a socialist/ communist nation is that of distribution of wealth equitably, governments, like the Soviet Union, failed to ensure just that. Due to lack of poor decisions and corruption, a large gap started to form between the rich (bourgeoise) and the poor (proletariat). Thus, a mass struggle ensued, which in turn resulted in the collapse of the system.
Simplify each expression using the order of opertions. match the expression with the correct answer.
