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:
The correct answer is option c.
Explanation:
In the 1990’s Ireland made unemployment benefits less generous. This provided an incentive to workers to find a job quicker as the employment benefits were reduced.
This would further cause the frictional unemployment rate to decline.
Frictional unemployment is the unemployment caused because of shifting from one job to another.
The natural rate of unemployment includes both structural unemployment and frictional unemployment. A reduction in frictional unemployment will cause natural unemployment to decrease.
Do some note cards and write the question from the front and the answer on the back then try to remember what’s on the card hope that helps
Answer:
A gateway
Explanation:
shaman is believed to interact with a spirit world through altered states of consciousness, such as trance.
