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Government monopolies set up by parents typically refer to systems in which parents have significant control or influence over the governance of educational or social services, often through school boards or parent-teacher associations. These entities can monopolize decision-making processes regarding curricula, funding, and policies, limiting outside influence and competition. While this can foster a community-focused approach, it may also lead to challenges such as resistance to change or innovation, as well as potential exclusion of diverse perspectives.

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One advantage of monopolies from business perspective reason why consumers want government to control monopolies?

From a business perspective, monopolies can lead to increased profits due to the lack of competition, allowing companies to set higher prices and achieve economies of scale. However, consumers often desire government regulation of monopolies to prevent price gouging and ensure fair access to essential goods and services. Without oversight, monopolies can stifle innovation and reduce product quality, ultimately harming consumer welfare. Thus, government intervention is seen as necessary to maintain a fair marketplace and protect consumer interests.


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Theocracy


What type of government did the Bolsheviks set up?

they set up a communist party


What type of government did Bolshevik set up?

they set up a communist party


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The price elasticity of demand affects how monopolies set prices. If demand is elastic (responsive to price changes), monopolies may lower prices to increase revenue. If demand is inelastic (not responsive), monopolies can raise prices without losing many customers. Monopolies use this information to maximize profits and maintain their market power.


In which type of economy would prices be set by the government?

command economy


What type of government did the adventurers want to set up in the Bahamas?

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A government that gives freedom, respect, and is not on a mind set of a cleansing and doesn't exterminate anyone is a responsible government.


In the late 1800s supporters of monopolies believed that monopolies added to the general economic prosperity What did the critics of monopolies say?

I'm pretty sure that its b: In there pursuit of profit, ruthless business leaders destroyed competition and were free to set prices at any level.


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The containment policy was set up to prevent the spread of what type of government?

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