Answer: monopoly
Explanation: some areas had a monopoly on certain or goods. china supplied west Asia and the Mediterranean world with silk while spices were obtained principally from south Asia.
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A hemisphere is half of a sphere
Answer:The American Historical Association (AHA) and the Smithsonian National Museum of African American History and Culture (NMAAHC) co-hosted The Future of the African American Past, a landmark conference that brought together over 60 scholars to celebrate the opening of the NMAAHC and consider the future of the study of African American history.
Explanation:
The correct answer would be, Monopoly.
Monopoly runs most efficiently when one large firm supplies all of the output asap.
Explanation:
Monopoly is a type of market in which there is one large producer of the product or service. The price of the product is usually set by the producer due to its advantage of a single producer in the market.
If there would be more producers of that specific product in the market, then due to the competition, the price of the product would change.
For example, in Pakistan, there is only one provider of the Sui Gas in the whole country. We can say that the Sui Gas provider has the monopoly in Pakistan. They can change the prices on regular basis and people have to pay them because of the unavailability of the substitute.
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The approach applied by William James emphasizes the mind and behavior-related functions and purposes in adapting to the concerned environment and is considered a <u>functionalism approach.</u>
<h3>What is meant by psychology?</h3>
Psychology is the study applied by professional experts who analyze the mindset and behavior of a human being.
The functionalism approach is one of the concepts of psychology where the mind and behavior of a human being adaptive to the challenges and opportunities in the environment. It entirely relates to the mental state which depends on its function and motive.
Therefore, the provided situation describes the concept of the functionalism approach to psychology.
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