Answer:
They ended up colonizing North America for different economic reasons. Spain colonized America because they were searching for gold and silver. They did find a lot of gold and silver when they conquered the Aztec and Inca Empires. France colonized North America because of the great amount of furs they found there.
Explanation:
Answer:
what's the context ? it could mean a lot of things depending on what he said
Explanation:
Answer:
elaboration is the correct answer.
Explanation:
In a Monopolistic Competition, each seller delivers a differentiated product which is easily different from its close substitutes. The two main features of Monopolistic Competition are development differentiation and selling expenses.
<h3>What is the connection between product differentiation and monopolistic competition?</h3>
monopolistic competition guides to a market where many firs sell differentiated products. differentiation can arise from aspects of the good or service.
<h3>Why is product differentiation required for monopolistic competition?</h3>
Product differentiation is necessary for monopolistic competition because sellers in monopolistic competitor gain their limited monopoly-like control by making a distinctive product or by convincing customers that their product is different than the competition.
To learn more about monopolistic competition, refer
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Answer:
The dollar is overvalued.
Explanation:
An overvalued exchange rate implies that a countries currency is too high for the state of the economy. An overvalued exchange rate means that the countries exports will be relatively expensive and imports cheaper. An overvalued exchange rate tends to depress domestic demand and encourage spending on imports.
