Answer:
The term Buddha literally means enlightened one, a knower.
Explanation:
Answer:
Cotton and tabacco plantations
Explanation:
K12
Answer:
immigration
Explanation:
In the United States, cell carrier services are often considered to be a part of an oligopoly. However, apart from cell services, the oligopolist structure has several other industries. While oligopolies may seem similar to a perfect competition economic structure, where consumers have multiple choices for a similar product, and producers or sellers are bound by consumer choices and the prices set by consumers themselves, oligopolies consist of certain large companies and industries dominating the market. These companies overshadow the sale and performance of several smaller companies, due to a number of reasons.
Further Explanation:
The brand value and image of these large brands have been ingrained in the mind of consumers, who prefer to choose products of these companies. Thus we can say that economic competition exists between these small numbers of larger companies, and they also regulate prices. Thus, in this market setting, the prices are definitely not fixed by the consumer. Rather, the consumer gets to choose between multiple options for a particular product, within a specific price range.
One of the primary characteristics of an oligopolist setting is that the market shall be dominated by two or more companies, despite the existence of multiple numbers of smaller companies. These large companies expand into other arenas or absorb other industries within them. The companies strive to maintain a particular price range for a specific set of consumers, and they have to maintain the quality standards that put them on the map. Innovation and improvisation are the two techniques that are the keys to success in an oligopolist setting. One of the best examples of an oligopolist setting in the U.S. Economy is the computer operating system, which is dominated by the biggest giants called Apple Inc. and Google. While both of them are potential rivals in the market, their methods of innovation and comparative technological performance have helped to maintain a certain level of co-operation within the operating system business.
Learn more:
1. Which step in the scientific method requires you to use your senses to obtain information?
2. The most important and most effective way to control pests in a food establishment is to ______.
Answer Details:
Grade: High School
Chapter: Types of economies
Subject: Economics:
Keywords:
Oligopoly, similar products, consumer choices, research, and development, providing maximum features within a limited framework, purchasing power, maintaining standards, technological innovation, economic co-operation.
Answer:
Its B on Edge
Explanation:
B. Cell phone carriers
The fourth alternative is correct (D).
The capitalist system of production is an economic model based on a market economy.
A market economy is one in which there is free entry and exit of firms, which compete for consumers through the price and differentiation of their products.
The capitalist system is in force in most of the world, with the US being the symbol of this model.
Answer:
Permanent trade location from which they would be able to dominate the spice trade between Asia and Europe.
Explanation:
Portuguese explorers were the first Europeans who started searching for sea route to India. After Dias failed with his task, Vasco de Gama managed to reach India in 1498. After establishing that connection they were the dominant factor when it comes to trade between two continents.