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.
C) Textiles industry was the first mechanized industry.
Love is obviously the strongest emotion. Humiliation is something you can get over, it is just what other people think or how they react... But love, for better or for worse, has the strongest impact on our lives. Love can make us feel every spectrum and blend of emotion. :)))
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It seems unlikely that our conceptual knowledge is represented by mental definitions because it is easy to find exceptions to any definitions proposed.
Prototype theory is an idea of categorization in cognitive science, especially in psychology and cognitive linguistics, wherein there's a graded diploma of belonging to a conceptual class, and some members are more vital than others
A prototype is commonly used to assess a brand new layout to beautify precision by using device analysts and customers. A prototype is an early sample, model, or launch of a product built to test an idea or manner. it is a time period used in an expansion of contexts, together with semantics, design, electronics, and software program programming.
The prototype theory holds that natural categories are prepared around best examples (prototypes) and that different gadgets belong to the category to the volume that they resemble the prototype.
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The union of independent sovereign states is a federation .
A service that only the Federal government can provide is the ability to mint money in the country.This is due to the fact that this single authority is bestowed upon the country by the constitution. Through the central bank of the country, the federal government mints money for the federation.A federal system of government exists when power is shared between a central, federal body, and smaller entities such as states.
The federal government has power over laws of the states and is established by Article 6 of the U.S. Constitution. The federal government has three branches: the legislative, executive, and judiciary, all are within its powers to exercise.
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