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Whitepunk [10]
2 years ago
14

Describe what happens to Innovation in a monopoly:

Social Studies
1 answer:
Snezhnost [94]2 years ago
6 0

Theoretically, a monopolist has as much incentive to produce innovative products as a bunch of smaller, competing firms do. ... Giving the incumbent a monopoly in order to increase its incentive to innovate likely means locking out other firms that are willing and able to produce superior innovations for much less money.

You might be interested in
il give the brainlyest. In what way is the government of the United Kingdom similar to that of the United States?
shusha [124]

they both have legislative bodies. US has the Senate, House of Reprasentitives, and the Congress. The UK has the upper House of Lords and the lower House of Lords.

6 0
3 years ago
A psychologist tells children a story in which a puppet named Maxi puts a ball in one cupboard and then leaves the room. While s
Ganezh [65]

Answer:

I think the 3years will say second cupboard while 5 years will say 1st one because they have more thinking level than 3years.

Explanation:

hope it helps

5 0
3 years ago
Which of the following terms best
cestrela7 [59]
A. an oral tradition
5 0
3 years ago
Read 2 more answers
A system of exchange whereby one good/service is given in return for another; bartering does not require monetary exchange
aleksley [76]

Qustions:

A system of exchange whereby one good/service is given in return for another; bartering does not require monetary exchange

Question 1 options:

trade

bartering

Question 2 (1 point)

An economic model wherein government planners make all business and financial decisions.

Question 2 options:

market economy

command economy

Question 3 (1 point)

An economic model used by governments to determine what should be produced/provided in terms of goods and services, how, and for whom.

Question 3 options:

free enterprise

economic system

Question 4 (1 point)

The ___________ (or capitalist) model places economic decisions in the hands of the people and the law of supply and demand dictate what goods/services are produced/provided, at what price, etc.

Question 4 options:

command

market

Question 5 (1 point)

The required amount of a specific good that must be produced in a given time frame.

Question 5 options:

production quota

subsistence

Question 6 (1 point)

An economic model governed by custom, habit, and history.

Question 6 options:

traditional economy

command economy

Question 7 (1 point)

The capacity of private citizens to create new businesses independent of government direction or intervention.

Question 7 options:

entrepreneurship

free enterprise

Question 8 (1 point)

The creation, maintenance, and expansion of businesses outside the control or influence of the government.

Question 8 options:

production quota

free enterprise

Question 9 (1 point)

Producing only what is necessary for personal use/survival

Question 9 options:

subsistence

free enterprise

Question 10 (1 point)

A 0-100 scale which ranks world economies from most command-leaning (0) to most market-leaning (100).

Question 10 options:

free enterprise

economic continuum

Answers:

Question 1:Bartering

Question 2:Command Economy

Question 4:Market

Question 5:Production Quota

Question 6:Traditional Economy

Question 7:Entrepreneurship

Question 8:Free Enterprise

Question 9:Subsistence

Question 10:Economic Continuum

7 0
3 years ago
Read 2 more answers
______ theory states that the more participatory and involved older adults are, the more likely they are to be satisfied with th
Sonbull [250]

<u>Activity</u> theory states that the more participatory and involved older adults are, the more likely they are to be satisfied with their lives.

<h3>Who are Older Adults?</h3>

The United Nations considers everyone over the age of 60 to be an older person. However, additional sociocultural indicators, such as family status (grandparents), physical appearance, or age-related health issues, are frequently used by families and communities to define age.

Because of this, the activity theory, also known as the implicit theory of aging, normal theory of aging, and lay theory of aging, posits that successful aging occurs when older individuals maintain their level of activity and their social connections.

Learn more about older adults here: brainly.com/question/28138869

#SPJ1

7 0
1 year ago
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