Answer:
Monopolies limits competition in the market.
In a natural monopoly, a producer controls the market because it is able to meet the demands of all consumers.
In a government monopoly, a producer controls the market by the authority of the government, and private production cannot take place.
In a technological monopoly, a producer controls the market by holding a patent on the process of creating a specific good.
Explanation:
- natural monopoly: exists due to the high start-up costs or powerful economies of scale of conducting a business in a specific industry. A producer might be the only provider or a product or service in an industry or geographic location.
- government monopoly: A forced form of market domination whereby a national, regional or local administration, agency or corporation is the sole provider of a particular good or service and competition is prohibited by law. A government monopoly is generally created and run by a government, rather than by a private business.
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technological monopoly, a producer controls manufacturing methods necessary to produce a certain product, or has exclusive rights over the technology used to manufacture it.
All answers are correct except C. Since the US is a market economy, they are not set by the government. They act as signals to buyers and sellers by showing the sellers how much they should price their own products and show buyers how much value the product is. It also an indicator of the quality of a product because if it is more expensive, then the cost to make is able to make it more high quality (this is not always the case but generally). And lastly, it lets you know how much an item costs (no brainer). For me, the best answer would probably be A. act as signals to buyers and sellers
In operant conditioning, <span>adding something to decrease the likelihood of behavior is called: positive punishment
people tend to avoid something if we associate that thing with something that have negative effect to us.
For example, If you add a punishment every time a child leave their toy without returning it to the box, the child will be less likely to repeat that action in the future</span>
Earthquakes and volcanoes threaten altiplanos meet at the regions edge in the Andes.
<u>Answer:
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The sentences given in scrambled order of words, when put back into their actual correct forms, become as below:
Curly wears a 'glove full of vaseline' because he's 'keeping his hand soft for his wife' according to Candy the swamper. He tells George about it when they arrive at the ranch and he says it with disgust.
<u>Explanation:
</u>
- The compact narration given above has been taken from a book named 'Of Mice And Men' written by John Steinback.
- Curly is a little man who has been blessed with a lovely and attractive wife.
- He likes to do everything to keep her happy so that she doesn't think of luring other men with her attractiveness.
