Jerry's Phone Service is a monopoly. Jerry finds the price of his service by looking at the price demanded at the chosen quantity.
A monopoly refers to situation where one producer (or a group of producers acting in concert) controls supply of a goods and services, and where the entry of new producers is prevented or highly restricted. In order to make profit, Monopolist firms keep the price high and restrict the output, and show little or no responsiveness to the needs of their customers.
One of the challenge faced by Richard Nixon as the president was to bring back American soldiers from the Vietnam War.
The Vietnam War is the disputes between the North Vietnam and South Vietnam which began in 1954 in which the country was divided into the parts. Northern Vietnam demanded for the reunion of the country that follows the principles of Communism, whereas South Vietnam denied from doing so.
Richard Nixon was the American president was dilemma as the American soldiers were returning home as they were involved in the war since 1950s. Many of the people protested him for withdrawing the soldiers.
He also ordered the Christmas bombings and the invasion of Cambodia, thousands more people were incensed by his popularity. Additionally, Americans' mistrust of the government increased as they learned that the Nixon administration had withheld material like information about the Massacre.
Nixon too experienced difficulties When information about his role in the Watergate incident emerged following the 1972 presidential election.
Learn more about Vietnam War here:
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To make it better fit the needs of the party and make everything run.
Agenda's, ideology, progressivism, and what their essence faiths are about our nations independence, checks, and balances, residents independence, power. I think fear has a lot to do with it. Forced into voting a certain way, to support the party in office philosophy, or else.. learned ostracism, ridicule, etc. Money. Greed.