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>
<span>Vulpes velox is the special scientific name for a swift fox
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Answer:
Political cooperative effort
Explanation:
The United Nations primarily a political cooperative effort as it is universal and consists of different political nations and international organizations, The main purposes of this organization is the maintainance of peace and security internationally, and the promotion of economic and social advancement peoples from all nations, with the achievement of international cooperation among nations.
You need to show a picture so i can see “3 and 4 under the map”
