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How oligopoly originate?
Generally, collusion occurs when participating firms can increase their short-run economic profits by controlling supply, acting like a monopoly.
Can a monopoly earn economic profits in the short run?
yes it is
Can a monopoly earn economic profits in the long run?
Yes
Which would be the most likely cause of an increase in cooprate dividends?
an increase of corporate profits
Can monopolies make abnormal profits in the long run?
Yes, they can. Since they have a low amount of competitors. This means the competitors won't be eating up their profits. They can exercise the method of putting a higher price at a lower output, therefore people who really need the product are forced to buy it. or example, if Apple was a monopoly they could increase the price of a mackbook to $4000 and people would still buy it and therefore they are increasing their profits. Monopolies could also put some of their profits in research and development so they will be non contestable and the consumers will appreciate the advanced technology therefore their growth will increase. This will increase or maintain their abnormal profits.
How oligopoly originate?
Generally, collusion occurs when participating firms can increase their short-run economic profits by controlling supply, acting like a monopoly.
What is the position of supernormal profits for a firm that is a monopoly?
true
Can a monopoly earn economic profits in the long run?
Yes
Can a monopoly earn economic profits in the short run?
yes it is
What is the main idea of king monopoly cartoon?
The King Monopoly is gaining all the profits from the laborers' hard work
Which would be the most likely cause of an increase in cooprate dividends?
an increase of corporate profits
How does a monopoly increases a corporations profits?
by eliminating competition to control prices
Can monopolies make abnormal profits in the long run?
Yes, they can. Since they have a low amount of competitors. This means the competitors won't be eating up their profits. They can exercise the method of putting a higher price at a lower output, therefore people who really need the product are forced to buy it. or example, if Apple was a monopoly they could increase the price of a mackbook to $4000 and people would still buy it and therefore they are increasing their profits. Monopolies could also put some of their profits in research and development so they will be non contestable and the consumers will appreciate the advanced technology therefore their growth will increase. This will increase or maintain their abnormal profits.
What is Mcvities mission?
To increase profits
What are international marketing objectives?
to increase profits
An increase in sales and profits generates the necessary cash required for economic growth?
An increase in sales and profits does not necessarily mean an economy will grow. The economy will only grow if the sales and profits are substantial in size.
What does the booty in the cartoon king monopoly' represent?
Excess profits piling up from tariffs and business combinations.
