what is polar regions

Ræjû Bhæï answered  •  May 14, 2020
The polar regions, also called the frigid zones, of Earth are the regions of the planet that surround its geographical poles (the North and South Poles), lying within the polar circles.

A monopoly based on sole state ownership of production and distribution network is known as….…. (a) Natural monopoly (b) Technological monopoly (c) Government monopoly (d) Geographical monopoly?

Ræjû Bhæï answered  •  May 14, 2020
(A) Natural monopoly.

A natural monopoly is a type of monopoly that comes into existence when the seller pays a high price for setting up or conducting the business. It can also be seen in an industry which requires unique raw material, technology to operate. Hence, a monopoly based on sole state ownership of production and distribution network is known as the natural monopoly.

The meaning of trade by batter?

Ræjû Bhæï answered  •  May 14, 2020
In trade, barter (derived from baretor) is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.

Explain Schumpeter's innovation theory of profit?

Ræjû Bhæï answered  •  May 14, 2020
𝙎𝙘𝙝𝙪𝙢𝙥𝙚𝙩𝙚𝙧’𝙨 𝙄𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙤𝙣 𝙏𝙝𝙚𝙤𝙧𝙮 𝙤𝙛 𝙋𝙧𝙤𝙛𝙞𝙩𝑇ℎ𝑒 𝐼𝑛𝑛𝑜𝑣𝑎𝑡𝑖𝑜𝑛 𝑇ℎ𝑒𝑜𝑟𝑦 𝑜𝑓 𝑃𝑟𝑜𝑓𝑖𝑡 𝑤𝑎𝑠 𝑝𝑟𝑜𝑝𝑜𝑠𝑒𝑑 𝑏𝑦 𝐽𝑜𝑠𝑒𝑝ℎ. 𝐴. 𝑆𝑐ℎ𝑢𝑚𝑝𝑒𝑡𝑒𝑟, 𝑤ℎ𝑜 𝑏𝑒𝑙𝑖𝑒𝑣𝑒𝑑 𝑡ℎ𝑎𝑡 𝑎𝑛 𝑒𝑛𝑡𝑟𝑒𝑝𝑟𝑒𝑛𝑒𝑢𝑟 𝑐𝑎𝑛 𝑒𝑎𝑟𝑛 𝑒𝑐𝑜𝑛𝑜𝑚𝑖𝑐 𝑝𝑟𝑜𝑓𝑖𝑡𝑠 𝑏𝑦 𝑖𝑛𝑡𝑟𝑜𝑑𝑢𝑐𝑖𝑛𝑔 𝑠𝑢𝑐𝑐𝑒𝑠𝑠𝑓𝑢𝑙 𝑖𝑛𝑛𝑜𝑣𝑎𝑡𝑖𝑜𝑛𝑠.𝐼𝑛 𝑜𝑡ℎ𝑒𝑟 𝑤𝑜�... more

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