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When one business or company dominates its area and squeezes out all its competition, the result is the consumer does not have a free choice, and inevitably the price of it's products or services...
Wiki User
∙ 12y ago
Wiki User
∙ 7y agoWhat can causes a monopoly is when several small businesses are taken over by a large company. Eventually, customers have less choice and may have to accept the prices the monopoly company dictates. Competition has been stiffled.
Wiki User
∙ 11y agoit is caused by barrier to entry in the market and no other close substitute to the commodity the firm produces in the market
Wiki User
∙ 11y agoThe government can grant monopoly power by issuing patents or licenses.
Wiki User
∙ 11y agoBarriers to entry
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What are the factors that lead to the rise of monopoly?
When a big company buys or takes over another smaller company, competition is reduced, and customers have less choices.
What will not lead to a monopoly?
Antitrust laws
What is lazy monopoly?
In a "Natural Monopoly" to prevent companies from exploiting their monopolies with high prices, they are regulated by government. Typically, they are allowed a fixed percentage of profit above cost. But this type of regulation can lead to inefficient high costs, since the monopoly is guaranteed a profit. Thus economists call this a "lazy monopoly."
Who said internal factors lead to job satisfaction and insufficient external factors lead to job dissatisfaction?
McGregor'
How much is a generic monopoly game?
I don't know what you mean by generic Monopoly but you can get some Monopoly varieties for under $10. The original doesn't cost much more.
What will lead to a monopoly?
Antitrust laws
What will not lead to a monopoly?
Antitrust laws
Which of these will not lead to a monopoly?
antitrust laws
What are the factors that lead to the rise of monopoly?
When a big company buys or takes over another smaller company, competition is reduced, and customers have less choices.
What are some factors that lead to unempolyment?
There are many different factors that can lead to someone becoming unemployed. One of the most common factors is a lack of business, which results in a smaller amount of employees needed.
What are some sentences using the word monopoly?
"Monopoly suppliers are publicly owned." "Monopoly of wisdom." "Monopoly of truth seems to threaten us."
What is lazy monopoly?
In a "Natural Monopoly" to prevent companies from exploiting their monopolies with high prices, they are regulated by government. Typically, they are allowed a fixed percentage of profit above cost. But this type of regulation can lead to inefficient high costs, since the monopoly is guaranteed a profit. Thus economists call this a "lazy monopoly."
Who said internal factors lead to job satisfaction and insufficient external factors lead to job dissatisfaction?
McGregor'
How much factors does 26 have?
There are many different factors game boards and some of them do have 26 on them.
Is Tesco supermarket monopoly or oligopoly or monopolistic competition?
it is not the company which can be said as monopoly or oligopoly, these both terms refer to two different MARKET structures. therefore the retail industry of UK is said to have similar features as in oligopoly as there are some firms like Tesco, Sainsbury and ASDA which lead the market.
What are some monopoly's?
Standard Oil is one
How much is a generic monopoly game?
I don't know what you mean by generic Monopoly but you can get some Monopoly varieties for under $10. The original doesn't cost much more.
