This could have a variety of impacts that this situation could have on the local market. Firstly, the introduction of a Chinese company would mean that there would more competition for the American solar power company which would then have to contend with the Chinese company for sales. They would then be in a race to bring the most affordable options to the consumers as well as new advances in the technology or greater service. This would mean that the consumers would benefit greatly from this situation as they would be getting better products and service for an affordable cost.
Also, both companies could have a working arrangement where they act as an oligopoly and dominate the solar power industry in that particular market. Although, more companies brings more competition, when there aren't a multiplicity of competitors, there is always the danger that the few businesses will band together and operate as one entity where they set specific prices, standards of service and technological advances introduced. They would only superficially be competing with each other. In this arrangement, the consumers would endure the same standard as having one entity dominating the market.
Another scenario would be where the American solar power company makes a superior product and as such would promote their products to the market as 'higher end' which would ensure they have a core and stable consumer base.
Answer: True
Explanation:
Monopolizing aims at an individual gaining control over an event or a situation than any other person. The focus is usually on the individual.
Answer:
Conduct research comparing Florida’s healthcare system
Explanation:
Answer:
A. A claim new islands in the pacific
Explanation:
The Act was enacted in August 18, 1856. At that time, many of the islands in Caribbean/pacific territories were not affiliated with any government.
The act allowed citizens of United States to claim any lands within these regions that contain Guano deposits.
This made a lot of weapon and agricultural producers claimed new islands in the pacific since Guana can be used as a material for gun powders and soil fertilizer.
Answer:
Farmers
Explanation:
I took the test; it was correct.
