Economics question


Considering your previous knowledge of monopolies and the nature of competition; how do monopolies hinder competition and why is it important for governments to take steps to limit this business practice? Please provide at least two examples. (6pts)

Textbook pages: (151–154)

Answers

Answer 1

Answer:

Monopolies hinder competition because by definition, they are anti-competitive.

Explanation:

A monopoly is a firm that is the sole provider of a good for which there are no close substitutes.

Monopolies charge higher prices than they would in a competitive enviroment, and for this reason, they benefit the monopoly at the expense of the consumers.

Governments can set several policies to reduce monopoly power. One policy is simply to prohibit monopolies from forming, which is the case for most industries in developed nations.

Another policy is to simply take over the monopoly, and make it a public enterprise, so that the extra economic benefits of the monopoly are shared with the people (at least in theory).


Related Questions

Determine whether each description applies to the House of Burgesses, the Mayflower Compact, or both
helped establish
the government
of Virginia
helped establish
the government
of Massachusetts
signed by 42
adult male
Settlers
elected by male
Bettlers age 17
and older
became a
foundation for
self-government
in America
House of Burgesses
Both
Mayflower Compact

Answers

House of Burgesses: helped establish the government of Virginia. signed by 42 adult male Settlers.

both: became a foundation for self-government in America.

Mayflower Compact:helped establish the government of Massachusetts. elected by male Bettlers age 17 and older.

House of Burgesses:

helped established the government of Virginia

elected by male settlers age 17 and older.

Mayflower Compact:

signed by 41 adult male settler

helped established the government of Massachusetts

Both :

became a foundation for self-government in America

What is chattel slavery

A. A form of slavery practiced only on large farms in the u.s south

B. A form of slavery that ended early in the English colonies

C. A form of slavery that makes slaves of the children of slave women

D. A form of slavery that was practiced everywhere in the world for centuries

Answers

Answer:

C

Explanation: Where slaves, are enslaved forevr and their children are as well

A form of slavery that makes slaves of the children of slave women is called slavery. The correct option is C.

What is slavery?

Slavery is defined as the enslavement and ownership of human people and their offspring.

The people are as property that can be purchased, sold, and compelled to work without pay, as opposed to other forms of forced, unpaid, or low-wage labor.

Thus, the correct option is C. A form of slavery that makes slaves of the children of slave women

Learn more about slavery

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Only had 29% of the nation's population
Only produced 10% of the nation's manufactured goods
Only had 29% of the nation's railroad mileage


These factors proved to be a major economic disadvantage for the ___ in the years leading up to the Civil War.
A) North
B) South
C) Border States
D) Western territories

Answers

Answer:

South

Explanation:

Most of the work force was human based and not as technologically advanced as the North

Answer:

south

Explanation:

Alexander the Great adopted his father’s plan to invade and conquer __________.
A.
Asia
B.
Greece
C.
Egypt
D.
Africa

Answers

Answer:

B. Greece

Explanation:

"Alexander wanted to follow his father's footsteps and conquer Greece."

A: asia

Explanation:

it is NOT B.

With exception of white Southern Republicans, how did white Southern society react to reconstruction?
A. They were opposed to it, often violently.
B. The embraced it cautiously.
C. They worked with African Americans to reverse it.
D. They appreciated the federal oversight.

Answers

i believe the answer is the third one

Answer:

c

Explanation:

It is c

what are some 3 different examples of HOW the North Korean government uses propaganda?

Answers

Answer: They used it to block off all content from the outside world, so their citizens don't get misleading information, and they also use it to maintain power over them.

Srry I only had two examples

Explanation:

What did Spain call its empire in the New World? O A. Mexico B. New Mexico Ob Oc C. New Spain d D. New World​

Answers

Answer:

Correct answer is C. New Spain.

Explanation:

C is correct answer because it refers to viceroyalty that was established there after the conquest of Mexico. It lasted until 1821 when Mexico proclaimed independence.

A is not the correct answer because it refers to modern state of Mexico.

B is not correct as it refers to region in Mexico.

D is not correct as it refers to the expression that was used by the Europeans after the discovery of American continent.

Between 1860 and the 1930s, three __________ gave the federal government some control over people’s lives.
A.
initiatives
B.
referendums
C.
government programs
D.
amendments to the Constitution



Please select the best answer from the choices provided


A
B
C
D

Answers

Answer:

B

Explanation:

Answer:

D> amendments to the Constitution

Explanation:

Write a paragraph discussing the difference between two Native American cultural areas. Make sure to compare and contist the two cultural areas. ​

Answers

Answer:

Native Americans, also experienced as nearby Americans, American Indians, and Indians, are the to do with events, pictures of old times persons in general of the United States 1 Over five hundred taken to be tribes within the U. s. nearly half of which are related with Indian bookings. The word is taking away a low level of development persons from Hawaii and some Alaska persons of the town. The men in the earlier times today low level of development Americans came into what is currently the United States 1 at least possible or recorded 15 thousand years earlier, probably much longer through Beringia from Asia. A very great range of beings, society's development, and societies coming after came out of. The European process of making countries come under the control of another of the nearby Americas, which began in 1492 greatly, acted-on the low level of development Americans and their group made lower, less precipitously because of, about forced hard work, war, And diseases ( lamb, 2017 ). Many low levels of development American individuals were forced to taking away, one-sided agreements between nations, and war after they give money for the building of the United States 1 Still in the 21st hundred years, they still go on to have the pain of from government policies which are judging things well them. Many lives of the low level of development Americans have changed since the 1960s because of, with motions such as the low level of development American Self power to get in detail. In current-day America, over five million low levels of development Americans be living in the United States 1 even though many present time issues are still faced by the low level of development Americans. as in agreement, this paper seeks to make, be moving in the low level of development American social development, its history and its have power over to the earth.

Explanation:

What makes religion so important to people

Answers

Answer:

It gives people something to believe in, providing them with faith and a purpose in life

Explanation:

Answer:

might make you feel better about yourself by making you feel part of your culture more, depending on where you live.

Explanation:

You might have higher self esteem  and better psychological adjustment than people who aren’t. According to a 2012 study

Although the Anti-Federalists were unable to block the Constitution, what important task did they accomplish?



A. changing the national legislative system from unicameral to bicameral


B. Counting slaves for political representation in the Constitution through the Three-Fifths Compromise


C. granting smaller states power through the enhanced debate in the New Jersey plan


D. protecting individual liberties through the inclusion of the Bill of Rights in the Constitution

Answers

Answer:

D

Explanation:

Hope this helps :)

Answer:

im pretty sure its d

Explanation:

What happened to the Panama Canal in 1999n

Answers

On December 31, 1999, the United States, in accordance with the Torrijos-Carter Treaties, officially hands over control of the Panama Canal, putting the strategic waterway into Panamanian hands for the first time. Crowds of Panamanians celebrated the transfer of the 50-mile canal, which links the Atlantic and Pacific oceans and officially opened when the SS Arcon sailed through on August 15, 1914. Since then, over 922,000 ships have used the canal.

On December 31, 1999 the United States, in accordance with the Torrijos-Carter Treaties,hand over control of the Panama Canal, putting a strategic waterway into Panamanian hands for the first time. Since then, over 922,000 ships have used the canal.

Were the settlements in the New England colonies Royal or
Proprietary colonies?

Answers

Answer:

The colonies of New York, New Jersey, North Carolina, and South Carolina began as proprietary colonies, but later became royal colonies. By 1763 most colonies surrendered their charters to the Crown and became Royal Colonies. Maryland, Delaware, and Pennsylvania remained proprietary colonies under a charter.

How have historians learned about the kingdom of Ghana

Answers

Answer:

from writings of arab scholars

Whose expedition is outlined on the map above?
A. Long’s
B. Lt. Pike’s
C. Sibley’s
D. Nuttall’s

Answers

Answer:

D. Nuttall’s

Explanation:

Just took it

Answer:D

Explanation:

just took the test

I'm trying to pass this class and this needs to get me a good grade or I fail so--

Answers

Answer:

Its A.

Explanation:

_____ had to do with putting the Southern states back into the Union.
A. amenesty
B. reconstruction
C. vagrancy
D.civil rights
E. tribunal

Answers

Answer:

B

Explanation:

Reconstruction had to do with putting the Southern states back into the Union. Hence, option B is correct.

When did the Southern states rejoin the United States?

The last state to be readmitted was Georgia, which did so on July 15, 1870. Georgia had rejoined the Union two years prior, but had been kicked out the previous year after kicking African Americans out of the state legislature. Beginning in 1868, the former Confederate states began to rejoin the Union.

For Southern states to be admitted to the Union, Congress insisted that they establish new constitutions that guarantee the right to vote for African-American men. The constitutions also had to ratify the Fourteenth Amendment, which guaranteed African Americans equal treatment under the law.

They were South Carolina, Virgi, Florida, Alabama, Georgia, Louisiana, Arkansas, and Tennessee.

Thus, option B is correct.

For more information about Southern states rejoin the United States, click here:

https://brainly.com/question/27606704

#SPJ12

Which of the choices below best describes the Triangular Trade?
a.
The American colonies imported raw materials from Africa and exported manufactured goods to Europe. European nations exported slaves to Africa.
c.
American colonies imported slaves from Africa and exported raw materials to Europe. European nations exported manufactured goods to Africa.
b.
European nations imported manufactured goods from Africa and exported slaves to the American colonies. The American colonies exported raw materials to Africa.

d.
European nations imported raw materials from Africa and exported manufactured goods to the American colonies. The American colonies exported slaves to Africa

Answers

(C) American colonies imported slaves from Africa and exported raw materials to Europe. European nations exported manufactured goods to Africa.

It has to be c becuase it is the only option that has Africa exporting slaves.

Plz help (mayflower compact)
Why is it important and answer the question plzz

Answers

Answer:

The Mayflower Compact was important because it was the first document to establish self-government in the New World. It remained active until 1691 when Plymouth Colony became part of Massachusetts Bay Colony.

Explanation:

Here's the answer to you other question " the Fundamental Orders of Connecticut stated the powers and limits of government. The preamble of the Fundamental Orders officially formed a confederation under the guidance of God—standing in stark contrast to today's ideas about the separation of church and state".

Hope this helps.

Which Olympic circle represents which continent?

Answers

Answer:

Each ring in the 16 prints symbolizes one of the five continents competing at the Olympics: Africa (yellow), the Americas (red), Asia (green), Europe (black), and Oceania (blue

what river junction did the french and british have their sights on to own?

Answers

Answer:

Ohio and Mississippi River

This chart depicts consumer culture.

A graphic shows 4 boxes. The first 3 boxes are lined up in a row, and each box has an arrow pointing down to the fourth box. The first box is labeled "Increased availability of goods." The second box is blank. The third box is labeled "Increased leisure time." The fourth box is labeled "Consumer culture."

What word best completes the second box?

Wealth
Poverty
Effort
Taste

Answers

Answer:

wealth

Explanation:

Answer:

Wealth

Explanation:

How do you think the colonists react to the new taxes? Write what you think may happen next?

Answers

Answer:

They wheren't happy, and they may start boycott.

Explanation:

what effect did geographic factors have on the economy of the southern colonies

Answers

The soil was good for farming and the climate was warm, including hot summers and mild winters. The growing season here was longer than any other region. The southern colonies' economy was based on agriculture (farming). ... The flat land was good for farming and so the landowners built very large farms called plantations.

Hopes it helps you!


Which president created the United States Forest Service to improve conservation of the nation's woodlands

Answers

Answer:

President Theodore Roosevelt

Explanation:

Theodore Roosevelt did

The goals of the Populist Party included:

Answers

•Graduated income tax(established through 16th amendment)
•Direct election of senators(established through 17th ad)
•Gov't ownership of railroad, telegraphs, & telephones
•Coinage & free silver

Hope this helps!

s usually a “safe” state for the Republican Party in presidential elections; ________ is usually a “safe” state for the Democratic Party.
Question 23 options:

California; Texas

Texas; California

Pennsylvania; Texas

Texas; Pennsylvania

Answers

Answer:

B. Texas; California.

Explanation:

The Democratic party refers to one of the major political parties in the United States of America. It was founded on the 8th of January, 1828 and has its headquarter in Washington DC, USA.

Similarly, a Republican Party refers to the other major party found in the United States of America.

Texas is usually a “safe” state for the Republican Party in presidential elections; California is usually a “safe” state for the Democratic Party.

Also, note that swing state refers to any state in the United States of America where there are similar levels of support for the candidates of the two major political parties (Democratic and Republican party), which typically determines whether or not they would be a winner.

Therefore, a place where a democratic and republican nominee would spend the most time campaigning​ is in a swing state for more votes.

please hurry im timed





What did all of the Crusades have in common?


They all traveled to Jerusalem.

They all began in European states.

They all started from multiple places.

They all involved fighting in London.

Answers

Answer:

They all began in European states.

Answer:

I think it is b

The Articles of Confederation had a strong Execytive Branch
True or False

I will make Brainliest if correct

Answers

Answer:

FALSE

Explanation: Articles of Confederation: No executive branch, no judicial branch. Had legislative branch but 9/13 states had to pass laws. Weak federal government. Federalists: Wanted a strong Federal government

False. They had no executive branch

What was at the center of the argument for the Three-Fifths Compromise?

Answers

Answer:

The main argument for the 3/5ths compromise at the United States Constitutional Convention was that slaves, although not really citizens, should be partially counted in population statistics. The idea was that 3/5th of the slave number would be counted as the population, which would determine taxes and House of Representatives representation. That way, people with more slaves, paid less taxes, had more representation in Congress, and they slowly became richer.

Hope this helps!

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