Answer:
In this case, Joshua's shopping behavior is a result of b. the socialization process.
Explanation:
Socialization is the process through which people learn and internalize social norms, behaviors, customs, and ideologies. Socialization is important for individuals to understand how society functions and to become a member of it, acting according to its rules and accepted behaviors. Family members are certainly a major influence on an individual's socialization process. That is what we can observe in Joshua's case. He has learned his shopping behavior from his mother. He has accepted her ideas and opinions, taking them in as his own.
Answer: The most noted monopoly problem is inefficiency. Market control means that a monopoly charges a higher price and produces less output than would be achieved under perfect competition. In addition, and most indicative of inefficiency, the price charged by the monopoly is greater than the marginal cost of production.
Explanation: