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.
Answer:
Most often Libation was done under the following circumstances:
- During reconciliation ceremonies
- During marriage
- After initiation
- When preparing for a raid
- When deciding on cases/ setting disputes
- When a person was being adopted into a family clan or tribe
Explanation:
A libation is a ritual pouring of a liquid, or grains such as rice, as an offering to a deity or spirit, or in memory of the dead. It was common in many religions of antiquity and continues to be offered in cultures today.
100,000 centimeters in 1 kilometer
<span>John Locke, a British empiricist philosopher who laid the foundations of the mechanistic conception of the human being and creator of the tabula rasa theory which is the theory of human knowledge. John Locke's theory revealed the conception of human being and human lament and the foundations of his theory was based on several main aspects, such as Inborn ideas do not exist, The variety of knowledge is embodied in different cultures, The Babies do not prove to know anything.</span>
