This statement is true.
In a market with a small number of sellers, known as an oligopoly, each seller's decisions have an impact on the outcomes of the other sellers.
Although there isn't a single theory to explain oligopoly, economists will occasionally employ a model known as the prisoner's dilemma to explain how oligopolistic market outcomes arise.
The prisoner's dilemma is a "game" that illustrates the advantages and dangers of cross-pollination among oligopolistic businesses.
A Nash equilibrium results from a prisoner's dilemma, where each player performs the best they can given what the other players are doing.
Oligopolist businesses frequently face the prisoners' dilemma, where they must choose between engaging in aggressive market-capture competition at the detriment of their rivals or engaging in "cooperation" and coexisting with the rival with the market share they already control.
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The open field doctrine states that officers are allowed to search and take evidence on private property outside of the immediate vicinity of a dwelling without obtaining a warrant.
- A "warrantless search of the area outside a property owner's curtilage" does not violate the Fourth Amendment of the United States Constitution, according to the open-fields doctrine (also known as the open-field doctrine or open-fields rule) in American criminal procedural law.
- Explains that as long as objects are immediately recognizable as being subject to seizure and are within the sight of an officer who is legally present in the location from where the view is made, they may be properly confiscated without a warrant (illegal).
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Answer:
The Age of Enlightenment was a period where certain individuals tried to change the way people think about government. Prior to the Enlightenment, governments were ruled by a monarch with absolute power. These monarchs believed their power came directly from God. John Locke was an enlightenment thinker whose idea that people are born with natural rights, life, liberty, and property, influenced the wording of the Declaration of Independence. Charles Monstesquieu was another Enlightenment thinker who presented the idea of separation of powers. His feeling that a government should possess a legislative, executive, and judicial branch has been included in several countries constitutions. Voltaire presented the idea of religious freedom, an idea that was included in the United States Bill of Rights and the French Declaration of the rights of man and citizen.
