April 14, 1865
explaination
We can say that in a monopoly, the price is always higher than the socially optimal price
EXAMPLE: a pharmaceutical company brings out a new medicine for diabetes. It acquires a patent from the government for the production of that medicine implying that only that pharma company has the right to produce the medicine till the patent expires. This leads to a monopoly situation in the market. Now this pharma company can charge the highest price possible so that its profit is maximum since it is the sole producer of that medicine.
Focus on better democracy, and most importantly listen to the people’s voice because America is falling apart as people aren't listening to each other
Answer:
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Explanation:
Answer:
Various reasons
Explanation:
Several of these ships were actually transporting munitions to European powers. Some of them were trying to reach various shorelines. Or maybe even trying to go along their usual route doing their best to avoid the war... That's all I have.