4. The monopoly is one of the basic types of market structures. What are its defining
characteristics? Why would a seller want to create a monopoly, and why are
monopolies generally considered harmful to an economy? (4 points)
I

Answers

Answer 1

The reason why monopoly is harmful is that it includes disadvantages such as price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.

What is the meaning of Monopoly?

A monopoly is defined as the dominance of an industry or sector by one company, to the point of excluding all other valid competitors.

A seller is interested to create a monopoly in the market because they can have a dominant position and enjoy the powers of the monopoly. This results in power remaining in the hand of the dominant marketer.

Therefore, this is the reason monopoly is harmful to an economy.

Learn more about monopoly here:

https://brainly.com/question/13113415

#SPJ1


Related Questions


Describe the difficulties in defining each of the following terms:
a. Ordinary and extra ordinary medical interventions.
b. Usual and customary medical procedures.
c. Be sure to include a discussion of the role of a technical imperative and cultural lag (e.g. social roles, ethical issues, cultural understanding, morals and decision-making, etc).

Answers

The difficulties in the terms include:

Ordinary and extra ordinary medical interventions - Pain and delayed decision making.Usual and customary medical procedures - Ethical issues as some religious factions don't support modern drug use.

What is Ordinary and extra ordinary medical interventions?

This is a medical procedure which involves pain as a result of it being done the patient and slows down decision making in going ahead with it.

The Usual and customary medical procedures on the other hand can be linked with some ethical issues.

Read more about Medical interventions here https://brainly.com/question/2677825

#SPJ1

Tammy works as a behavioral management aid and carries a credential as a board certified practitioner. Based on this information, what is most likely to be Tammy's academic area and highest degree level?

Answers

Answer:

Tammy's academic area is likely to be behavior management and her highest degree level would likely be a master's degree.

Explanation:

Based on the information given, Tammy's academic area is likely to be behavior management due to what she works as. Her highest degree level is likely to be a master's degree because that is the highest level of crediental that she has.

As a human service professional, how would having an understanding of the history of social welfare policies and practice help you develop or implement today's policies and practices without bias or stereotyping of clients?

Answers

Knowledge of the history of social welfare policies and practices can help HR implement ethical policies, with the promotion of diversity.

How important is HR today?

The human resources department is responsible for the recruitment, selection and management of human capital in an organization, which is an essential resource for the development of new knowledge and innovation in today's competitive market.

Therefore, the implementation of ethics and the promotion of diversity, will help to create a culture favorable to the development of staff capacities.

Find out more about Human Resources here:

https://brainly.com/question/25443563

#SPJ1

Read the sentence. I quit the French Club because it was necessary for me to watch my little sister after school. Which part of this sentence is too wordy?

Answers

“It was necessary for me”. You can say, “I quit the French club because I had to watch my little sister after school”.

What is the difference between marginal cost and marginal revenue? Marginal cost is the money earned from selling one more unit of a good. Marginal revenue is the money paid for producing one more unit of a good. Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good. Marginal cost is the money a producer might make from one more unit. Marginal revenue is the money a producer actually makes from one more unit. Marginal cost is the money a producer actually makes from one more unit. Marginal revenue is the money a producer might make from one more unit

Answers

The difference between marginal cost and marginal revenue is Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good. Thus the correct answer is B.

What is  marginal cost?

The difference in total production costs caused by producing or manufacturing one extra unit is known as the marginal cost of production.

In order to maximize production and overall operations, an organization must first decide when it can achieve economies of scale.

The sum of money spent to create one additional unit of a good is its marginal cost. Selling one additional unit of a good results in a profit known as marginal revenue.

Therefore, option B is the appropriate answer.

Learn more about marginal cost, here:

https://brainly.com/question/7781429

#SPJ1

1
2
5
6
9
10
TIME REMAIN
56:15
Does the idea that a population increases as technology increases thus leading to war apply in the same way in
advanced nations as it does in developing nations?
O
Yes. Population increases almost always lead to war in both cases.
Yes. Theories of war apply equally in all circumstances.
No. Advanced nations never have sudden population increases.
02 0

Answers

As regards how a rise in population affects nations, No. Advanced nations never have sudden population increases.

What happens in advanced nations?

Thanks to higher literacy and living standards, advanced nations know how to control their populations.

As a result, there aren't unexpected rises in population which can lead to conflict in advanced nations.

Find out more on population growth at https://brainly.com/question/829450.

#SPJ1

Differentiate monopoly quantity from efficient quantity

Answers

Monopoly quantity produces too little output at too high a cost but efficient quantity is where the demand equals the marginal cost.

What is a monopoly?

A monopoly refers to the dominant position of an industry or a sector by one company.

The efficient quantity of output is where the demand highly equals the marginal cost whereas monopoly quantity produces too little output at too high a cost.

Learn more about Monopoly here:

https://brainly.com/question/5992626

#SPJ2

What is foreign employment?​

Answers

Being employed in a different country than that of a persons origin

how do you escape from abuse in violation of your right​

Answers

Answer:

Protect yourself during violent incidents by recognizing abusive patterns beforehand and identifying safe hiding spaces in your home that are far away

Explanation:

What of the following phrases describes money?
OA. A form of communication
OB. A system of investment
OC. A storehouse of value
OD. A way to control the government

Answers

Answer:

A store of value

Explanation:

Money is a store of value because it can be invested. It can also be left at home or saved in a bank and then later used in purchasing goods and services in the future.

Nepal is a developing country. What should be done to make nepal a developed Country? write any six way/ measures​

Answers

Answer:

Since nepal is a developing and many things can be done to make nepal a developed country:

1) people can raise awareness about cleaning activities.

2) We can force government to make strict rules and regulations.

3)By providing free,quality education.

4)By creating employment opportunities so that youths won't go to abroad.

5)By conserving available resources.

6) Stop corruption.

Hope it hepls you!!!

What function of formal
education is fulfilled when
opposing views are heard in
an organization and given
equal support?
OA. Cultural Innovation
B. Latent
C. Social Integration
D. Social Placement
O

Answers

Social integration is the function of formal education is fulfilled when opposing views are heard in an organization and given equal support.

What is social integration?

Social integration is the process of giving individuals the chance and  sustain them along with their views into the society which could be different from someone else view.

Social integration helps individuals regardless of their attributes, to fit in into the mainstream group.

learn more about Social integration  at :https://brainly.com/question/25745683

#SPJ1

which component could you remove, and still have a functioning circuit? In general,
why would removing that component be a bad idea?

Answers

A parallel circuit could be removed from the circuit, which will not affect the functioning of the circuit, but it will not allow the continued passage of current when an equal amount of current is to be passed within the circuit.

What is a parallel circuit?

A parallel circuit is a type of electrical circuit where an equal amount of voltage is passed through all the circuits, which are parallel to each other. An image of the parallel circuit is attached for reference.

Hence, the significance of a parallel circuit is given above.

Learn more about a parallel circuit here:

https://brainly.com/question/11409042

#SPJ1

Nepal is declared as a secular country write its .importance​

Answers

Secular countries are countries that give their citizens the right to practice & follow whatever religion they want.

This is of huge importance as now people in Nepal no longer have to follow one religion against their choice. They can also now not practice any religion & still be treated equally without any discrimination.

This declaration gives people more freedom, power & trust in their government & helps people to fight against prejudice & majoritarinism of any one religion.

[tex]\rule{150pt}{2pt}[/tex]

Answer:

Nepal was declared a secular country in 2007 after nepals hardcore unified communist party of nepal -Moaist joined mainstream politics after decade-long insurgency that killed over 13,000 people the decision ended nepals century-old identity as the world only hindu kingdom

Which section of the constitution describes the structure of the legislative branch

Answers

nombre: liz

¿Qué sección de la constitución describe la estructura del poder legislativo?

El Artículo I de la Constitución de los Estados Unidos, cuya fecha de aprobación data de 1788, declara el establecimiento del poder legislativo del Gobierno Federal de los Estados Unidos, representado por el Congreso, que incluye una Cámara de los Representantes y un Senado.

Why did Americans want the territory of California

Answers

Answer:

its magnificent San Francisco Bay as the American gateway to trade with China and other Asian nations

Explanation:

the great migration was

Answers

Answer:

was one of the largest movements of people in United States history.

what are the factors responsible for soil erosion?​

Answers

- Wind. When strong winds blow, the topsoil along with the organic matter is carried away by the wind.

- Water. When it rains in the hilly areas, the soil gets washed away towards the plains.

- Overgrazing.

- Deforestation.

- Afforestation.

- Crop Rotation.

- Terrace Farming.

- Building Dams.

*hoped this helped...*

Explanation:

human factors

deforestation overgrazing construction mining

natural factors

wind Glacier water lead

Type your personal testimony in two forms. Address the first to a hypothetical friend or coworker who is not saved. Address the second to a backslidden Christian. Limit each testimony to 250 words.

Answers

To write a personal testimony, you can use the structure of a descriptive essay, for more details and the best understanding of the reader.

What is a personal testimony?

It is the detailing of an individual's spiritual experiences, reporting the ways in which Christianity and religion have positively impacted their life experience.

Therefore, when writing your personal testimony, you can share in your account the changes that occurred in your life after identifying with this religious philosophy.

Find out more about descriptive essay here:

https://brainly.com/question/988168

#SPJ1

how does the government support communities affected by human rights violations​

Answers

By violations to the goverment

As you read, decide which party would make each statement below.

1. The government should help the poor by cutting taxes and improt ing the economy.

2. The government should help the poor by improts ing public edu cation and providing jobs.​

Answers

Answer:

The government should help the poor by imports ing public education and providing jobs

To what extent have social movements had an impact on policy making of the government?

Answers

Answer:

The enduring impacts of social movements are often cultural. Movements change the way we live and work. They make some behaviors socially inappropriate and others newly appealing. They create new collective actors, alter lines of social cleavage, and transform what counts as expertise.

Explanation:

A bright light shines into Aubree's eyes. Which organ system will the nervous system alert in order to allow less light into her eyes?


circulatory


immune


musculoskeletal


respiratory

Answers

The nervous system alert in order to shrink of eye is musculoskeletal system.

What is musculoskeletal system?

The musculoskeletal system is an essential component of human health. The musculoskeletal system provides form, stability, and movement to the human body.

In addition to providing the body with structure and the means for movement, the musculoskeletal system acts as an endocrine system, stimulated by exercise, interacting through biochemical signaling with other organs in the body.

Learn more about musculoskeletal system here,

https://brainly.com/question/2952854

#SPJ1

what was John A MacDonalds values?

Answers

Answer:

Macdonald's greatest achievements were building and guiding a successful national government for the new Dominion, using patronage to forge a strong Conservative Party, promoting the protective tariff of the National Policy, and completing the railway.

Please give me brainliest! you would get 25% as well!

Which of the following statements best describes environmental laws in Latin America?
A.
Most Latin American countries do not have laws against air pollution.
B.
Most countries in Latin America have laws against pollution and dumping, but they are not enforced.
C.
The countries of Central and South America have strict laws against pollution, but those in the Caribbean do not.
D.
Most countries in Latin America have strict laws against pollution and have seen cleaner air and water as a result.

Answers

the answer is b. most countries in Latin America have laws against pollution and dumping, but they are not enforced.

Answer:

B

Explanation:dude above me said it so i said it

what ocean doesn’t border Asia’s coasts?

Answers

Answer:

Atlantic

Explanation:

The continent of Asia is only bounded by 3 oceans which are the Indian, Pacific, and Artic.

Answer:

Southern ocean

Explanation:

Hope it helped!

Which of these experts would a historian most likely consult to learn about the effects of the modern lumber industry on a country's forests?

Answers

Among others, a professional geographer is most likely to be consulted by a historian to learn about the effects of the modern lumber industry on a country's forests.

Who is a professional geographer?

This is an expert who studies the physical features of the earth, its atmosphere, and human activity as it affects and is affected by these.

Therefore, the geographer is most likely to be consulted by a historian to learn about the effects of the modern lumber industry on a country's forests.

Read more about geographer

brainly.com/question/12790602

#SPJ1

The most fundamental purpose of government is defense, not
empire...........Joseph Sobran
- A.provide national security
-B.maintain social order
-C.Oprovide for and control economic systems
-D.Oprovide public services

Answers

The answer for that should be A
It should be A because I did Alex

1. Briefly explain what a product market is. Then, describe the role that product
markets play in the flow of goods and services in an economy. In forming your
response, be sure to describe the relationship between product markets, households,
and businesses. Provide a brief example to illustrate this relationship. (4 points)

Answers

The product market can be defined as the sector where finished products are sold to individuals and companies.

What is the role of the product market in the economy?

The final products and services exist to satisfy the needs of consumers, and their commercialization is responsible for moving the economy, impacting on employment opportunities, profitability of companies and quality of life of individuals.

Therefore, the product market is related to the law of supply and demand, impacting the economic development of a nation.

Find out more about product market here:

https://brainly.com/question/906651

#SPJ1

the market structure that involves the most competition:
a. monopoly
b. perfect competion
c. pure monopoly
d. oligopoly

Answers

Answer:

the answer is B po

Explanation:

correct me if I wrong

The answer is definitely B. Perfect competition
Other Questions
An insulator is installing fiberglass insulation in exterior walls that total up to 1,623 square feet after windows and doors are deducted. Each roll can insulate 49 square feet. There are 28 rolls on hand. Will this amount be sufficient? If not, how many total rolls are needed? If necessary, round your answer up to the nearest whole number, since you cannot buy part of a roll of insulation. What compare and contrast mean What is the greatest common factor of 15x^7y^5+5x^5y^4-20x^6y Need help ASAP!How many moles of gas does it take to occupy 520 mL at a pressure of 400 torr and a temperature of 340 K? Use the conversion factors 760 torr = 101.3 kPa and 1 mL = 0.001 L. Show all of your work. What is the best title for this map?A Sources and Destinations of Enslaved AfricansB Gold and Spice Trade RoutesC Portuguese Trade Exploration RoutesD Obstacles to Colonization of the Western Hemisphere Coreys bank account had a balance of $55. He made a deposit of $364 and withdrawal of $67 The of a poem is the attitude of the text toward the subject and theme. Look at the set of quadrilaterals in the coordinate plane shown below.Which statement is TRUE?Because quadrilateral ABCD can be reflected across the x-axis, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 2 to obtain quadrilateral A'B'C'D', then quadrilateral ABCD is similar to quadrilateral A'B'C'D'.Because quadrilateral ABCD can be reflected across the x -axis, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 2 to obtain quadrilateral A'B'C'D' , then quadrilateral ABCD is similar to quadrilateral A'B'C'D' .Because quadrilateral ABCD can be reflected across the y-axis, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 1.5 to obtain quadrilateral A'B'C'D', then quadrilateral ABCD is similar to quadrilateral A'B'C'D'.Because quadrilateral ABCD can be reflected across the y -axis, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 1.5 to obtain quadrilateral A'B'C'D' , then quadrilateral ABCD is similar to quadrilateral A'B'C'D' .Because quadrilateral ABCD can be reflected across the x-axis, then rotated 90 clockwise about the origin, and then dilated about the origin by a scale factor of 2 to obtain quadrilateral A'B'C'D', then quadrilateral ABCD is similar to quadrilateral A'B'C'D'.Because quadrilateral ABCD can be reflected across the x -axis, then rotated 90 clockwise about the origin, and then dilated about the origin by a scale factor of 2 to obtain quadrilateral A'B'C'D' , then quadrilateral ABCD is similar to quadrilateral A'B'C'D' .Because quadrilateral ABCD can be reflected across the line y = x, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 1.5 to obtain quadrilateral A'B'C'D', then quadrilateral ABCD is similar to quadrilateral A'B'C'D'.Look at the set of quadrilaterals in the coordinate plane shown below.Which statement is TRUE?Because quadrilateral ABCD can be reflected across the x-axis, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 2 to obtain quadrilateral A'B'C'D', then quadrilateral ABCD is similar to quadrilateral A'B'C'D'.Because quadrilateral ABCD can be reflected across the x -axis, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 2 to obtain quadrilateral A'B'C'D' , then quadrilateral ABCD is similar to quadrilateral A'B'C'D' .Because quadrilateral ABCD can be reflected across the y-axis, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 1.5 to obtain quadrilateral A'B'C'D', then quadrilateral ABCD is similar to quadrilateral A'B'C'D'.Because quadrilateral ABCD can be reflected across the y -axis, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 1.5 to obtain quadrilateral A'B'C'D' , then quadrilateral ABCD is similar to quadrilateral A'B'C'D' .Because quadrilateral ABCD can be reflected across the x-axis, then rotated 90 clockwise about the origin, and then dilated about the origin by a scale factor of 2 to obtain quadrilateral A'B'C'D', then quadrilateral ABCD is similar to quadrilateral A'B'C'D'.Because quadrilateral ABCD can be reflected across the x -axis, then rotated 90 clockwise about the origin, and then dilated about the origin by a scale factor of 2 to obtain quadrilateral A'B'C'D' , then quadrilateral ABCD is similar to quadrilateral A'B'C'D' .Because quadrilateral ABCD can be reflected across the line y = x, then rotated 90 counterclockwise about the origin, and then dilated about the origin by a scale factor of 1.5 to obtain quadrilateral A'B'C'D', then quadrilateral ABCD is similar to quadrilateral A'B'C'D'. Bobby met or exceed his goals for all the fitness challenges except the step challenge and the plank challenge. Below, name the components of fitness that are measured in the step challenge and plank challenge. Then, describe what Bobby can do to improve his scores in order to meet his goals. guys pls help me i will give brain list pls help me out if someone could please help me i will be sending more so plsss i need help find the sum of 1+2-3+4+5-6+7+8-9+...+97+98-99 Calculate the mass of air of density 1.2kgm-3 in a room of dimensions 8m by 6m by 4m. The interior angles of a pentagon are 126, 114, y, and 83. Find the value of y?please can someone help me with the answer to this question plsam preparing for my WASSCE(west Africa senior school certificate examination) which is going to be held tomorrowpls can someone help me Question 7 of 25All else being equal, a study with which margin of error would give you themost confidence in the results?O A. 13 percentage pointsOB. +12 percentage pointsOC. 19 percentage pointsOD. 16 percentage pointsSUBMIT Can hormones made in one part of the body work in another part of the body? how does the chlorophyll absorb sunlight? Emi computes the mean and variance for the population data set 87, 46, 90, 78, and 89. She finds the mean is 78. Her steps for finding the variance are shown below.What is the first error she made in computing the variance?Emi failed to find the difference of 89 - 78 correctly.Emi divided by N - 1 instead of N.Emi evaluated (46 - 78)^2 as -(32)^2.Emi forgot to take the square root of -135.6. Angela bought a bookmark in the shape of an arrow as shown below. The base and height of the triangle are both 3 inches. Give one example of each type of conflict. Please Help!!! Two parallel lines are cut by a transversal. What is the measure of 7?