Answer:
States
Explanation:
In the United States, the form of subnational government are known as <u>states.</u>
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The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (<u>q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function </u>(because the demand function relates price and quantity).
<u>The result is 15$ as the picture shows. </u>
Answer:
arid and water are the answers
Explanation:
<span> Adam Smith would be most likely to oppose: using taxes to help failing banks
Adam smith is regarded as the most outspoken economist that support free-market system.
In a free-market system, the government is not allowed to give help in any way to the private sector, including bailing out banks with taxpayer money</span>