A monopolistically competitive market is, by definition, constituted by a large number of firms that compete producing diferenced versions of a product. Such companies are not price-takers and they hold certain degree of power market and of control over the pricing decisions.
However, in a market that comprises so many actors in its supply side, the market power is splitted in many small units and the amount exercised by each is not very strong. Firms operating in this market structure do not have enough power to affect their rivals through their internal decisions and also not enough power to affect potential competitors and to prevent their entrance. They cannot set entry barriers to prevent the entrance of new companies in the market.
According to the doctrine of separation of powers, the U.S. Constitution distributed the power of the federal government among these three branches, and built a system of checks and balances to ensure that no one branch could become too powerful.
Answer:
D. Reading a book about life in Africa
Explanation:
Globalization is defined as the process in which different parts of the world are connected due to the movement and integration of goods and services resulting in the growth of international cultural and economic activities.
Student’s duty is mostly about reading and learning new things which makes Reading a book about life in Africa the most suitable option.
"Raising taxes far beyond people's ability to pay" is the one among the following are <span>actions taken by some European leaders in the 1930s contributed to the start of World War II. The correct option among all the options that are given in the question is the second option or option "B". I hope it helps you.</span>
