A monopolistically competitive market is, by definition, constituted by a large number of firms that compete producing diferenced versions of a product. Such companies are not price-takers and they hold certain degree of power market and of control over the pricing decisions.
However, in a market that comprises so many actors in its supply side, the market power is splitted in many small units and the amount exercised by each is not very strong. Firms operating in this market structure do not have enough power to affect their rivals through their internal decisions and also not enough power to affect potential competitors and to prevent their entrance. They cannot set entry barriers to prevent the entrance of new companies in the market.
I think you forgot to give the options along with this question. Based on my knowledge and research, i am answering the question. The unification movements in both Germany and Italy were led by leaders who opposed democracy. I hope the answer has come to your help.
The claim about medieval Baghdad that is supported by the quotation is that B. It was connected to international trade.
<h3>What made medieval Baghdad so wealthy?</h3>
Baghdad sat on one of the most lucrative trade routes connecting Europe and the Middle East to Asia.
As a result, it was heavily connected to international trade and this is seen by the fact that Chinese vases and silk were found in large quantities in the city.
Find out more on medieval Baghdad at brainly.com/question/20433873.
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Judges are appointed by the president to serve the people, but are not elected by the people. Other elected officials are voted into office by the citizens, while judges are not.
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A the type of soil used in each pot.
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