Answer:
PROBLEMS CREATED BY MONOPOLIES:
1. monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.
2. disadvantages of monopolies include price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
3. it can cause inequality, and political abuse.
4. Monopoly tends to limit options available to consumers. Monopoly results in allocative inefficiency--in other words, the monopoly price is higher than the marginal cost of production. Profits do not encourage entry into the industry.
BRAINLIEST PLEASE
❤❤❤❤❤❤
Answer:
A particularly severe panic in 1907 resulted in bank runs that wreaked havoc on the fragile banking system.
Answer:
The world has breathed a collective sigh of relief after the superpowers reached an agreement ending the immediate threat of nuclear war. Russian leader Nikita Khrushchev has agreed to dismantle all Russian missiles based in Cuba and ship them back to the Soviet Union.
Explanation:
Answer: the flies buzzing above the bowl , bright sun , and garden looked distressingly poor
Explanation :
I jus did it
Harriet Tubman was a very strong woman who wanted to help everyone get to freedom and didn’t want to leave anyone behind. Harriet Tubman was brave and caring. She led many slaves to freedom through the Underground Railroad and is a very influential person to this day. Harriet Tubman is an amazing woman who was very selfless.
