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How did the Carnegie's purchase of Allegheny Steel contribute to the formation of his monopoly?
The purchase enabled Carnegie to discover a more efficient production method
What else can I help you with?
How did the Bessemer process contribute to the development of Carnegies monopoly?
The purchase enabled Carnegie to discover a more efficient production method
What factors contribute to the sustainability of monopoly profits in the long run?
Factors that contribute to the sustainability of monopoly profits in the long run include barriers to entry, economies of scale, control over scarce resources, and strong brand loyalty.
What business practice contributed most to Andrew Carnegies ability to form a monopoly?
Andrew Carnegie's ability to form a monopoly was primarily attributed to his implementation of vertical integration. By controlling every aspect of the steel production process—from raw materials to transportation and distribution—Carnegie was able to reduce costs and improve efficiency. This strategy allowed him to dominate the steel market, undercut competitors, and ultimately establish a powerful monopoly in the industry. Additionally, his focus on innovation and technology further solidified his position as a leader in steel production.
How many types of monopoly exist in the market?
There are four main types of monopoly in the market: natural monopoly, geographic monopoly, technological monopoly, and government monopoly.
Kinds of monopoly?
There are many different types of Monopoly. I can name a few. : Monopoly Monopoly Spongebob Squarepants Edition Monopoly Disney Pixar Edition Monopoly Junior
Use monopoly in a sentence?
Jane has a monopoly in that area. Mary has a monopoly of banks.
What are some popular games on the Monopoly games list?
Some popular games on the Monopoly games list include Monopoly Classic, Monopoly Junior, Monopoly Empire, and Monopoly Ultimate Banking.
Is monopoly better than monopoly express or monopoly express better than monopoly?
If you want something entertaing for a short period of time Monopoly Express is better.If you want somethig that is longer , Monoploy. But you could play the original Monopoly on the Monopoly Express gameboard.
How can I collect 200 Monopoly dollars in the game Monopoly?
To collect 200 Monopoly dollars in the game Monopoly, you can pass "Go" on the game board, which rewards you with 200 Monopoly dollars.
What are the the Monopoly characters?
monopoly man
What is Spanish Monopoly?
Monopoly in spanish is...
What do you need for monopoly?
a game of monopoly
