False
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Answer:
The earliest civilizations to develop were all situated near major rivers. These rivers provided a regular water supply and a means of transportation. The animals that flocked to the rivers to drink were a source of food... Thus they were able to produce enough food to support increasingly large populations.
Hope that helps?
2. glossary. hope it helps
The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (<u>q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function </u>(because the demand function relates price and quantity).
<u>The result is 15$ as the picture shows. </u>
