Answer:
PROBLEMS CREATED BY MONOPOLIES:
1. monopoly can cause deadweight loss, or a lack of equilibrium between supply and demand.
2. disadvantages of monopolies include price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
3. it can cause inequality, and political abuse.
4. Monopoly tends to limit options available to consumers. Monopoly results in allocative inefficiency--in other words, the monopoly price is higher than the marginal cost of production. Profits do not encourage entry into the industry.
BRAINLIEST PLEASE
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It gave the Allies the advantage to win the war
Answer: The XYZ Affair was a political and diplomatic episode in 1797 and 1798, early in the presidency. They also attacked the Democratic-Republicans for their pro-French stance. Pinckney had been refused as U.S. minister because of the escalating crisis, and that American merchant ships had been seized in the Caribbean.
Explanation:
Answer:
Explanation:
What is the difference between the head of government and the head of state? The main difference is that the head of state formally represents the people of the nation, while the head of government is the single person who is the leader or "in charge" of the system of creating and executing laws.
