1. put +18 warnings on websites
2. makes laws that limit the sale of explicit material
Answer:
- 1) Higher prices than in competitive markets Monopolies face inelastic demand and so can increase prices – giving consumers no alternative.
- 2) A decline in consumer surplus.
- 3) Monopolies have fewer incentives to be efficient.
- 4) Possible diseconomies of scale. Explanation:
<h3>Hope this answer will help you.</h3>
It can result in crime trends which indicate a decrease in crime.
<h3>What is crime ? </h3>
Crime is an action or actions carried out by an individual that can lead to grave punishments. Crime is an illegal action that is not acceptable, it could lead to the individual spending lots of years in prison or even death.
Programs such as war on drugs that increase the presence of police can lead to a drastic decrease in crime rate as most of these criminals get arrested and are made to pay for their actions.
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The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western Europe, Australia and Japan in the mid-20th century