Answer: barrier and network externalities monopoly power
Explanation:
This is platform were other potential competitors in same trade are discouraged from entering into the same market(by gang members) area thereby giving them monopolistic power over the area where their business operates.
They all relate to law of demand by showing that as the quantity of something goes down the price of that item will go up.
The substitution impact of a price increase is the transfer to different goods which have emerge as a quite good buy. The income effect of a fee increase is the change in consumption that results from the decrease in the buying power of customers' earnings.For normal goods, the income effect and the substitution effect both paintings inside the equal direction; a decrease inside the relative price of the coolest will increase amount demanded both because the good is now cheaper than replacement goods, and because the decrease price method that customers have a extra overall buying energy. The effect that a trade within the charge of a product has on a client's real income and consequently on the amount demanded of that good.
The regulation of diminishing marginal application applies to business in that it's miles closely connected to the law of demand. That regulation states that as income decreases, consumption increases and that as income increases, consumption decreases.
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Answer:
James Monroe was president during the First Seminole War (1817-1818),when patriotism was at an all time high.
Explanation:
James Monroe was the fifth president of America and he served from 1817-1825
Answer:
1. It involves risk. In crop rotation, investing in a season involves input of much money to buy different seedlings of the different types of crops to be planted.
2. Improper implementation can cause much more harm than good.
3. Obligatory crop diversification.
