Does each of the following government activities promote competition or limit monopoly power by regulating markets? place each in the correct category. items (5 items) (drag and drop into the appropriate area below) preventing the merger of two pharmaceutical companiesdirecting local cable companies to reduce internet fees for rural consumersforcing a municipal water company to limit rate increasesbreaking up standard oil into smaller companieslimiting content on public airwaves

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

what is wrong with black soap shampoo?

explanation:

answer; closing the loop;