Answer: B. an output of the product that is less than the amount consistent with ideal economic efficiency
Explanation: Economic efficiency is the state in which all available resources are optimally allocated to serve each individual or entity in the best way while reducing to the minimum, waste and inefficiency. In reality, economic efficiency has shown that nothing can be improved without something else being hurt.
When competitive forces are weak, it leads to decrease in output as economic efficiency is only maximized when price is equal to marginal revenue because at this point both profit and efficiency are maximized.
holds the power to set taxes
Answer:
Located off the coast of Abu Dhabi emirate, the small island of Umm an-Nar features an archaeological site that has yielded significant finds that have helped to illuminate the culture and lifestyle of Bronze Age inhabitants of the United Arab Emirates.
Between approximately 2500 BCE and 2000 BCE, this small island was home to a relatively large settlement that played an active role in regional commerce, with artefacts showing that people on the island traded with civilisations as far away as ancient Mesopotamia (modern-day Iraq) and the Indus Valley Civilisation
The answer to this question is Media Monopolies.
Media monopolies refers to a situation where a certain company gained fully control on a certain segment of the market, without any worthy competitors. ESPN is known to control almost all news network regarding sport-related topics while disney control almost all chilren-related shows.
You would use B. Lines of latitude
