Monopoly : has one supplier of a product. The seller here has market power and can control both price and quantity
Collision: when competing firms make a secret agreement to try to control a market. Collusion (practiced by cartels) is illegal in the United States. It reduces the level of competition in a market. Is more difficult in markets with large numbers of buyers and sellers.
Monopolies and collusion among sellers:
eliminate competitionIn industries with less competition, prices are likely to be higher
Because Societies located in the same region can affect each other's development.
The political followers of Thomas Jefferson took up the name "Democratic-Republicans," preferring this to the term "Anti-Federalists" and advocating for more state power over the power of the central government.
Answer: What powers did states have under the Articles of confederation? Each state held ''its Sovereignty, freedom and independence and every power, Jurisdiction and right, which is not by this confederation expressly delegated to the United states, in congress assembled'' the congress the primary organ of the new national government only had the power to declare war, appoint military.
Explanation:
