Answer:
- 1) Higher prices than in competitive markets Monopolies face inelastic demand and so can increase prices – giving consumers no alternative.
- 2) A decline in consumer surplus.
- 3) Monopolies have fewer incentives to be efficient.
- 4) Possible diseconomies of scale. Explanation:
<h3>Hope this answer will help you.</h3>
The correct option is B. In Florida, the law requires that when the rear mirror is composed of or covered with a transparent material, then the vehicle must be equipped with sides mirror on both sides. This is done in order to reduce the risk of accident.
Answer:
d. A and B
Explanation:
The Progressive Era was a period of widespread social activism and political reform across the United States that spanned the 1890's to the 1920's. According to my research on the progressive era, I can say that based on the information provided within the question this meant a rise in union activism and a loss of personal autonomy for skilled working under scientific management.
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Answer:
A two-party system is a party system in which two major political parties dominate the political landscape. In the U.S. the two political parties are known as the Democratic party and the Republican party. Whichever one typically holds the majority is usually referred to as the majority or governing party while the other is the minority or opposition party. Although around the world the term has different senses.
Explanation:
Historians use a standard shorthand, “Gold, God, and Glory,” to describe the motives generating the overseas exploration, expansion, and conquests that allowed various European countries to rise to world power between 1400 and 1750. “Gold” refers to the search for material gain through acquiring and selling Asian spices, African slaves, American metals, and other resources. As merchants gained influence in late-medieval western Europe, they convinced their governments to establish a direct connection to the lucrative Asian trade, leading to the first European voyages of discovery in the 1400s. “God” refers to the militant crusading and missionary traditions of Christianity, characterized in part by rivalry with Islam and hatred of non-Christian religions. “Glory” alludes to the competition between monarchies. Some kings sought to establish their claims to newly contacted territories so as to strengthen their position in European politics and increase their power at the expense of the landowning nobility. They also embraced the ideology of mercantilism, which held that governments and large private companies should cooperate to increase the state’s wealth by increasing the reserves of precious metals. Motivated by these three aims, several western European peoples gained control or influence over widening segments of the globe during the Early Modern Era. By 1914 Europeans dominated much of the world politically and economically. Hope this helps!