Monopoly can increase a corporation s profits of the corporation by applying a policy of price discrimination. Price discrimination is the sale of the same product to different buyers at different prices. By applying price discrimination, the monopoly increases the price above the equilibrium level or increases the volume of sales, due to which the profit increases. Examples of this policy are the sale of the monopoly of their products by separate batches; At the same time, it sells the first batch at a higher price than the subsequent.
Answer: Like you need something to write about?
Explanation:
They had to limit their army severely and pay heavy reparations which crippled the nation.
Three dominant personality traits would be extroversion, sensitivity, and compassion.
Answer:
The estates were actually social classes.
Explanation:
Until the Revolution of 1789 France was actually a feudal state. Three estates actually represented three classes that had different political, economical and even cultural influence. Although the third estate was the largest one they practically had no influence in the decision making.
First two nobles - nobles and clergy were the ones who had the main role in the society.
