Property that is a result of creativity e.g. such as patents , copyright etc.
Answer:
Option “A” Increase, output to increase, price to decrease, and profits to decrease.
Explanation:
Option A is the correct answer because the purely competitive industry is the one in which there are free entry and exit of firms. Generally, firms enter when there is economic profit in the industry. In this way, the economic profit of the industry will attract new firms to enter the industry. Accordingly, new firms will enter the industry. As a result of the entry of new firms in the market, the supply of goods and services (industry supply) will increase which will result in a decrease in the prices of the commodity. This decrease in price will result in lower profit.
A person in office but waiting to leave is a lame duck.
Answer: The small-scale production of farm products further leads to concentration, equalization and dispersion. As a result, these agricultural goods necessarily move through some important wholesale markets such as – jobbing market and secondary market.
Explanation:
Answer:
The alphabet. The ancient Greeks had lost the use of their old alphabet, known as linear-B, during the Greek Dark Ages. When Greece began to emerge from the Dark Ages, it adopted and modified the Phoenician alphabet. The Romans, in turn, adopted and modified the Greek alphabet, to become the alphabet we use in the West. # Trade and commerce. The Phoenicians were great maritime traders. They established colonies all around the Mediterranean, including Carthage and even Spain. Rome was forced to become more outward-looking as a result of Phoenician expansion. # Religion. Some, but not all, of the ancient gods and theology of Greece were adopted from Phoenician influence.
Explanation:
