The sample of the population would be 'all students who attend one middle school and one high school in Atlanta, GA.'
The theory that quantity supplied and price are positively related, other things constant is referred to as the law of supply. The law of supply states that when there is an increase in the prices of goods and services there is also an increase in the supply of such goods and services.
The Competition Act of 1998 has reduced the formation of monopolies in South Africa by achieving the following objectives.
<h3>What is the role of the South African Competition Act?</h3>
The South African Competition Act aims to:
- Promote and maintain competition in South Africa.
- Promote the efficiency, adaptability, and development of the economy.
- Provide consumers with competitive prices, higher quality goods and services, product and service varieties, and increased innovation.
Thus, the Competition Act of 1998 has reduced the formation of monopolies in South Africa by achieving the following objectives.
Learn more about monopolies at brainly.com/question/13113415
#SPJ1
If you are a manager in a perfectly competitive market. and the price in your market is $14, the total cost curve is () = 10 + 4 + .5^2. the price that should be charged in the short run is:<span>
$14</span>
