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>
Answer: Development of a society is a universal process because it is impossible for any society to remain unaffected by other societies. With different influences by different cultures, our societies become more open minded and can see things from varied perspectives.
Explanation:
I believe the answer is: Topical or <span>Chronological order.
Chronological order is the type of arrangement that written in a step-by-step format, where the previous piece of information is crucial for understanding the next piece of information
Topical order is the type of arrangement that written by stating the problem followed by the justifications.</span>
The Native American groups of the Mississippian period primarily grew Maize.