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.
Answer should be Inca Empire.
Answer:
the answer is c
Explanation:
because a writer could have wroten that
Trial courts that exercise jurisdiction over the subject matter of a lawsuit are called: Courts of Original Jurisdiction.
<h3>
What is a court of original Jurisdiction?</h3>
The right of a court to be the first instance court over a subject, substance, or party is referred to as original jurisdiction. It should be remembered that this jurisdiction is available at all levels of court.
A family law court, for example, has the power to consider a child custody dispute but not a burglary case. As a result, the family law court has exclusive or original jurisdiction.
<h3>
What is the significance of original jurisdiction?</h3>
The ability of a court to hear and determine a case before it has been heard and resolved by any lower court is known as original jurisdiction. In other words, it is the ability of a court to hear and determine a matter prior to any appellate review.
Learn more about Trial Courts:
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Answer:
The two colonies are, Pennsylvania and New York.
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