The correct answer is C.
A natural monopoly is a market situation in which a single firm serves the whole market, therefore it is the only producer of a certain good or service, due to the fact that there exist some natural conditions which establish huge barriers for new competitors entering in the market, in the sense of extremely large fixed costs.
In such a case there is no market competition, therefore the monopoly can decide on the quantity supplied and on the price of the products (usually establishing a much higher one that if there was competition). Such a situation is harmful for consumers. They purchase products at a higher price and with lower quality because, as there is no competition, producers are not forced to continuously develop and improve their products. This is why goverment intervenes, trying to soften the situation by decreasing the profits of the monopolists and increasing the welfare of consumers, and the social welfare.
Factors that contributed to the decline of the Roman Empire were:
Incompetent rulers placed huge tax burdens on the Roman citizens.
Rome could not grow enough food and maintain a large enough army to fend off barbarian tribes.
Explanation:
Rome was the center of the antiquity for ages as it was the biggest empire in the world but in the end of it it had become too big for proper management from the seat at Rome
By the time it was ending it had been in a continuous struggle against the barbaric tribes up north that had been weakening thee hold of Rome on the area.
It had become too big to sustain itself and the profits from the agriculture of the empire were just not enough.
The Continental Congress commissioned George Washington as Commander in Chief of the Continental Army on June 19, 1775. Washington was selected over other candidates such as John Hancock based on his previous military experience and the hope that a leader from Virginia could help unite the colonies.
The integrity, dignity, wisdom, courage, and determination George Washington displayed that made him a great choice.
Answer:
Blizzards can occur after snowfall when high winds cause whiteouts (fallen snow blowing around) and snowdrifts (huge mountains of snow), which decrease visibility.
Explanation:
Internet saves alot of time
Answer:
The best way to illustrate the frequencies for each political preference is a bar graph.
Explanation:
A bar graph is a graphical representation of data and it belongs to the frequency graphs. It is the best way to illustrate the frequencies of political preference because it is very easy to interpret and it shows the relative sizes: you can see which political preference is the most common and which is the least, at one glance.
