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77julia77 [94]
3 years ago
10

The lack of competition within a monopoly means that

History
2 answers:
vazorg [7]3 years ago
8 0
The lack of competition within a monopoly means that the goods and services are offered are <span>lacking in vitality, force, or conviction. This also means that consumers have to find other options somewhere else since the market of products is small and they are uniform in price.</span>
Angelina_Jolie [31]3 years ago
3 0

The correct answer is that, Monopoly sets their own prices.


When there is no competition in a monopoly it shows that , monopoly they do set their own prices. Monopoly is termed as the only enterprise or person who supplies a particular commodity.


They are characterized by way of lacking competition in economic which produces either services or goods.


We say that there is high monopoly profit when there is monopoly price is being high than marginal cost of the seller.


Government can establish monopolies by integration form.


Read more on Brainly.com - brainly.com/question/11162582#readmore

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Truman is claiming that if the United States does not help Greece and Turkey, they will eventually fall to communism.

This excerpt is from a speech given by Truman after World War II and is the basis of the Truman Doctrine. After World War II, the US was worried about the Soviet Union and the system of communism spreading all over Europe. If communism spread, it would increase the Soviet Union's power, making them the world's largest superpower.

The US did not want this to happen, as they feared that if one country fell to communism, nearby countries would fall as well. This is known as the domino theory. To prevent this from happening, the US ends up giving $400 million to Greece and Turkey in order to stabilize their economy.
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Describe the similarities and differences in foreign policy during the Eisenhower and Kennedy Administrations.
Paha777 [63]

<em>Differences .</em>

Dwight D. Eisenhower tenure was from 1956 to 1961. John F. Kennedy tenure was from 1961 to 1963.

With Eisenhower, the Foreign Policy was that United States forces help the Middle East to combat the spread of Communism. In this region, Eisenhower had some political differences with England and France. The reason: the Suez crisis of 1956 due to President of Egypt -Gamal Abdel Nasser- wishes to be more independent.

In 1955, USSR President Nikita Khrushchev called his Foreign policy "peaceful coexistence", but Eisenhower did not believed in this. He was skeptic of the Soviet’s intentions.  

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Kennedy fought against Communism in South and Central America using propaganda.

Kenndy supported and funded NASA’s space programs.

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Both presidents fought against Communism, in his own way. They reaffirmed the U.S. Foreign policy against Russia and defended its positions in the world.

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6 0
3 years ago
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In October of 1945, the Reynolds pen company had $26,000. How much was the company earning every month soon after the ball-point
Lelu [443]

Answer:

Hope this help pls inform me if more info is needed!

Explanation:

summer of 1944: a Hungarian inventor living in Argentina had created something sensational. Practical fountain pens with internal ink cartridges had been in use for decades, but Laszlo Biro devised a new version that used a ball bearing instead of a nib—in other words, the modern ballpoint pen. It used instant-drying ink that rolled smoothly onto the page, and could write for six months—even at high altitudes—without being refilled.

Easier, more reliable pens were a huge draw for consumers. For pen manufacturers and distributors, however, the real news was that Biro had filed a patent, which meant that the company that bought the rights ought to be able to corner the ballpoint market. That was thought to be Eversharp, which TIME identified as “the biggest pen and pencilmaker in the world,” who acquired the North and Central American rights to the new pen for a half million dollars.

Except for one thing. Reynolds International Pen Co. decided to manufacture their own version, and get it out to stores first. Eversharp’s legal attempts to stop them failed, and 70 years ago, on Oct. 29, 1945, the Reynolds pen became the first-ever modern ballpoint pen sold in the U.S.. At the New York City store that stocked it, demand was high, as TIME reported:

In Manhattan’s Gimbel Bros., Inc., thousands of people all but trampled one another last week to spend $12.50 each for a new fountain pen. The pen was made by Chicago’s Reynolds International Pen Co. In full-page ads, Gimbel’s modestly hailed it as the “fantastic, atomic era, miraculous pen.” It had a tiny ball bearing instead of a point, was guaranteed to need refilling only once every two years, would write under water (handy for mermaids), on paper, cloth, plastic or blotters.

Gimbel’s had ordered 50,000 pens to stock and sold 30,000 of them in that first week.

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Answer:

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HOPE IT HELP U

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