A monopoly establishes a market without competition, which does not allow the consumer to have product and price options and is obliged to buy the product at the price that the monopoly wants. The lack of competitors also contributed to the product being sold at high prices and that there is no pursuit of increasing the quality of this product.
In relation to workers, as the monopoly dominates an entire market sector, it means that professionals in that sector are limited to a single company, which can result in lower wages, few benefits and poor working conditions.
<span>A leaf hangs from a branch 12 feet in the air. It falls to the ground at a rate of 0.25 feet per second. Which graph could represent the leaf’s height in feet as a function of time, in seconds, after leaving the branch?
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The correct answer is Develop Contingency Plan
A contingency plan is a type of preventive, predictive and reactive plan. It presents a strategic and operational structure that will help to control an emergency situation and minimize its negative consequences.