There are two producers of water heaters that together are the sole providers to a large community. The executives of these companies meet to set minimum prices and production levels. By doing so, they ensure that they each will make a higher profit than they would in a free market. This is an example of a <u>Duopoly
</u>
<u>Explanation:</u>
Duopoly is a kind of Oligopoly where a market is dominated only by few producers. In this case it is dominated by two producers hence it is duopoly. It means that these two producers only influence the market. They maintain a mutual relationship with each other and they powerfully dominate the industry.
It is marketed in a way that the computers are let to choose between either of these two products. To quote as an example we can take Apple and Android which works hand in hand. Price fixing is the important tool that they use to catch the market which will be difficult for a small firm producer to opt for.
I would have to say its D. <span>informed democracy</span>
The annual Islamic pilgrimage meant that Muslims from all around the world would come together to the same place. This was a time when they could also trade their goods: since different parts of the world produced different things, and teach each other about the technology developed in the other parts of the world.
Can you take another picture? it’s a little hard to see.
Answer:
One thousand years after they first migrated to the Western Hemisphere.
Explanation:
The Paleo-Indians reached the southern tip of South America and completed their expansion into the Western Hemisphere one thousand years after they first migrated to the Western Hemisphere.
