Democracy is a means for the people to choose their leaders and to hold their leaders accountable for their policies and their conduct in office. ... The people are free to criticize their elected leaders and representatives, and to observe how they conduct the business of government.
You can choose a price that <u>maximizes your profits</u>.
<u>Explanation</u>:
If you are the only clothes producer in the industry, it is known as monopoly. Monopoly means a single seller selling a unique product without competition.
The monopoly seller has the right to choose the price for his goods. He can fix the price in the way to maximize his profit. As he is the sole seller, he will not have any competitions in the industry. This in turn helps him to make lot of profit on producing clothes with full freedom in fixing the price of the clothes.
Race Records was a music record label category that targeted African-American audiences.
Lithuania, Latvia and Estonia lie on the eastern shore of the Baltic Sea.
The Baltic Sea borders Denmark in the West and Germany, Poland and Kaliningrad to the South, Sweden and Finnland to the North. It is joined to the North Sea (the Sea between the UK and Norway) by the Kallegat Strait.
