Are there barriers to entry in monopolistic competition? Monopolistically competitive markets exhibit the following characteristics: There is freedom to enter or leave the market, as there are no major barriers to entry or exit. A central feature of monopolistic competition is that products are differentiated. What are the barriers to entry in monopoly market? Summing […]
Is this statement true or false in 1787 when the Constitution was written the United States was a nation of only 13 states and fewer than 4 million people?
What is relativism theory?
What is relativism theory? Ethical relativism is the theory that holds that morality is relative to the norms of one’s culture. That is, whether an action is right or wrong depends on the moral norms of the society in which it is practiced. The same action may be morally right in one society but be […]
Is the first architect known in history by name?
Where did cook claim Australia?
Where did cook claim Australia? New South Wales How many times did Captain Cook visit Australia? Captain James Cook FRS (7 November 1728 – 14 February 1779) was a British explorer, navigator, cartographer, and captain in the British Royal Navy, famous for his three voyages between 1768 and 1779 in the Pacific Ocean and to […]
What is a true hypothesis called?
What is a true hypothesis called? A scientific hypothesis is the initial building block in the scientific method. Many describe it as an “educated guess,” based on prior knowledge and observation. While this is true, the definition can be expanded. Is a theory a hypothesis? A hypothesis proposes a tentative explanation or prediction. A theory, […]
What were the economic problem faced by the Weimar Republic?
What were the economic problem faced by the Weimar Republic? Despite its new constitution, the Weimar Republic faced one of Germany’s greatest economic challenges: hyperinflation. Thanks to the Treaty of Versailles, Germany’s ability to produce revenue-generating coal and iron ore decreased. What were the causes of economic crisis in Germany? The German economy was the […]
How do crystallized and fluid intelligence change with age in later adulthood?
How do crystallized and fluid intelligence change with age in later adulthood? Fluid and crystallized intelligence tend to change throughout life, with certain mental abilities peaking at different points. Fluid intelligence has long been believed to peak quite early in life, but research published in 2015 suggests that some aspects of fluid intelligence may peak […]
Which is a characteristic of various kinds of world map projections?
Which is a characteristic of various kinds of world map projections? They distort scale and landmass shape, not a single map to date has properly gotten scale and landmass right. What are the three main types of map projections How do they differ? Three of these common types of map projections are cylindrical, conic, and […]
How did the British defeat the Spanish Armada?
How did the British defeat the Spanish Armada? In 1588, King Philip II of Spain sent an armada (a fleet of ships) to collect his army from the Netherlands, where they were fighting, and take them to invade England. However, an important reason why the English were able to defeat the Armada was that the […]