Answer:
PROBLEMS CREATED BY MONOPOLIES:
1. monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.
2. disadvantages of monopolies include price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
3. it can cause inequality, and political abuse.
4. Monopoly tends to limit options available to consumers. Monopoly results in allocative inefficiency--in other words, the monopoly price is higher than the marginal cost of production. Profits do not encourage entry into the industry.
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Answer:
As a result of this law, the colonists agreed to boycott British goods and to make their own products. After the Boston Massacre, the British removed most of the taxes created by the Townshend Acts. The only tax Parliament left in place was a tax on
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"The Scopes Trial<span>, formally known as </span>The State of Tennessee v. John Thomas Scopes<span> and commonly referred to as the </span>Scopes Monkey Trial<span>, was an American legal case in July 1925 in which a substitute high school teacher, </span>John T. Scopes<span>, was accused of violating </span>Tennessee<span>'s </span>Butler Act<span>, which had made it unlawful to teach </span>human evolution<span> in any state-funded school." wikipedia</span>
