A monopoly is an enterprise that is the only seller of a good or service. In the absence of government intervention, a monopoly is free to set any price it chooses and will usually set the price that yields the largest possible profit. Just being a monopoly need not make an enterprise more profitable than other enterprises that face competition: the market may be so small that it barely supports one enterprise. But if the monopoly is in fact more profitable than competitive enterprises, economists expect that other entrepreneurs will enter the business to capture some of the higher returns. If enough rivals enter, their competition will drive prices down and eliminate monopoly power.
Bill Clinton launched Operation Deliberate Force with a series of airstrikes against Bosnian Serb targets, but then led peace reconciliations which is now known as the Dayton Agreement, leaving Bosnia as a single state made up of two parts with one central government.
Answer:
he was the first president
Explanation:
no one else knew who would be better for the job
A part or division, as of a city or a national economy: the manufacturing sector<span>.
This is the definition os sector</span>
Answer:
The presidents main jobs are to
- Pardon someone
- Make treaties
- Appoint cabinet members
- Command the armed forces
- Enforce laws
