You should make note of the fact that no bill was received but you did make the payment.
Suppose that this pure monopoly is subjected to a regulatory commission. if the commission seeks to achieve the most efficient allocation of resources for this industry, it should set the price at <u>P2</u>.
A monopoly is a scenario in which there is a single vendor in the market. In traditional financial evaluation, the monopoly case is taken as the polar contrary of ideal competition. with the aid of definition, the call for a curve going through the monopolist is the industry call for the curve that is downward sloping.
A marketplace shape is characterized by a single supplier, selling a completely unique product inside the marketplace. In a monopoly marketplace, the vendor faces no opposition, as he's the sole seller of goods with no close substitute.
A monopoly is a market structure that includes an unmarried vendor who has special management over a commodity or provider. The phrase mono way unmarried or one and the prefix pole in reveals its roots in Greek, meaning “to sell”. Consequently, the word monopoly literally translates to a single supplier.
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In the morning your shadow will point west and in the afternoon it will point east. If your shadow is long, it is near sunrise or sunset. Your shadow is shortest around noon
First off if you ever look at someone's paycheck it has a spot on there that tells you how much is taken away. There are so many different things associated with federal income tax. Social Security, Medicare, and Medicaid are all taken out due to Federal Income Tax. Social Security is suppose to pay you back for all they have taken once you retire.
Answer:
The answer is "Both potatoes and wheat"
Explanation:
- The actual value of US production is a productivity gain, which is the value of potatoes and wheat, since it will yield more with a given day than in Ireland.
- Unless the country has it, otherwise nation A (USA) created the product more for country B (Ireland), the benefit between two commodities.
- Instead of the national comparative benefit, foreign trade is based on the concept of competitive advantage.
