Answer:
there are many but due to harsh climate and war
Answer: the industry that most closely approximates the conditions of the oligopoly model is airlines.
Explanation: oligopoly is a market situation made up of small entities which are independent in their working and they do not have any influence on each other. airlines industries and automobiles industries are two well known examples of oligopoly markets.
In oligopoly markets:-
- industry is dominated by small number of sellers sellers are aware of each others action
- decision of one firm effect the decisions of other firms
- they are concentrated less in monopoly more in competitive system
- increasement of interdependence
oligopoly is a market situation in which small number of firms who together have substantial influence over a certain industry or markets.
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Answer: Option (D)
Explanation:
Federal Reserve System is known to have a unique structure which is public and private. It is further characterized as an independent entity within the federal government instead of being completely independent of the federal government. Federal Reserve System has four main elements, these are as follow: Board of governors, Open Market Committee, Regional Federal Reserve Banks and its members.
Answer: Conform
Explanation:
Conform is the way in which someone complies and obeys the regulation.This makes a person to act accordingly so that group or society standard could be maintained .It also creates harmony and adjustment in some fields.
According to the situation described in question,Harry and sally adjusted their behavior according to society and reduce display of affection publicly to maintain the same basics as other people and couples. Thus, the conformed theirselves to the group standards.
