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ludmilkaskok [199]
3 years ago
11

Explain (in detail) 5 characteristic/of monopoly

History
1 answer:
algol [13]3 years ago
5 0

Answer:

im guessing u meant the board game

Explanation:

A monopoly market is characterized by the profit maximizer, price maker, high barriers to entry, single seller, and price discrimination.

Monopoly characteristics include profit maximizer, price maker, high barriers to entry, single seller, and price discrimination.

Sources of monopoly power include economies of scale, capital requirements, technological superiority, no substitute goods, control of natural resources, legal barriers, and deliberate actions.

There are a few similarities between a monopoly and competitive market: the cost functions are the same, both minimize cost and maximize profit, the shutdown decisions are the same, and both are assumed to have perfectly competitive market factors.

Differences between the two market structures including: marginal revenue and price, product differentiation, number of competitors, barriers to entry, elasticity of demand, excess profits, profit maximization, and the supply curve.

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Which monarch, Edward vi or Mary I, made more significant changes to the religious sector during their reign? Support your answe
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She briefly returned Roman Catholicism to England, and for five years of her reign remained remembered as Bloody Mary for persecuting Protestants.

Explanation:

  • In January 1554, there was a Protestant rebellion led by Thomas White that Jane Gray wanted to return to the throne. Jane and her husband Dudley, along with his brothers, have been charged with treason and conspiracy against Mary.
  • They were tried in London on November 13, 1553. All the accused were found guilty and sentenced to death. According to the verdict, Jane should have either been burned alive on the Tower Hill or beheaded in the Tower of London, as Mary wished. Jane and Guildford were executed on February 12, 1554.
  • Already in January 1554, just six months after Mary was crowned, all important Protestant clergymen fled to German lands to escape the persecution of married clergy. In March, she ordered all bishops to remove married priests.
  • Parliament met in April and agreed with Mary's decision to establish laws punishing heretics, provided she forgets about returning the land to the monasteries. The Catholic Church, and the legal and religious consequences of her half-brother's rule. She sought to restore the Church of England to the Roman Catholic Church.
  • To this end, Parliament repealed all Edward VI laws, and persecuted the protagonists of the previous Protestant government by all means. About three hundred of them were executed by burning at the stake. The first executor was John Rogers, the man who translated the Bible into English, and among those executed was Thomas Cranmer, a priest who arranged for the annulment of the marriage of Mary's parents.

Learn more on Mary I on

brainly.com/question/2456160

brainly.com/question/10100482

brainly.com/question/2681795

#learnwithBrainly

3 0
3 years ago
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