It keeps prices fair for consumers who are trying to buy there products.
- R3KTFORGOOD ☕
Answer:
Reputation is very important for a leader. If a leader has god interpersonal skills but lacks in good reputation people might hesitate to associate with him and support his activities.
Explanation:
Reputation is most valuable asset for any leader. A leader may have good knowledge of everything, he may have good interpersonal skills but reputation overcomes all of these qualities. Strong reputation of a leader will make it easy for him to earn popularity and respect among people. Reputation is the main quality which leads to success to a leader.
Answer:
The correct statement lies in option C.
Monopolies negatively affect consumers.
Explanation:
- The statement that best captures the economic message of the cartoon is that monopolies negatively affect consumers.
- When a specific enterprise or person is the only supplier in the market, it is called monopoly.
- Monopoly can result to higher prices of the good, also known as price taker as there is no other enterprise which can supply the same good.
- Here, Santa Claus is the monopoly as he is the only supplier of gifts in Christmas so he gets sloppy and result in low output in his work.
