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by eliminating competition to control prices
What else can I help you with?
Purpose of modern corporation?
To maximize profit. By U.S. law a corporation must do what it thinks will increase revenue and stock holders return.
What is domestic profit corporation?
domestic Profit Corporation
Is an S Corporation a Non Profit?
No, the S Corporation is a profit corporation. Whenever they make loses or profits, it is usually divided among the shareholders.
What is the difference between corporation and nonprofit corporation?
A corporation such as Microsoft tries to make as much profit as possible where as a non profit Corporation such as a hospital isn't looking to make money
When a corporation owns everything it's called?
When a corporation owns everything it's called a monopoly.
How does a monopoly increase a corparations profits?
A monopoly increases a corporation's profits by eliminating competition, allowing the company to set higher prices for its products or services without losing customers. This market power enables the monopoly to maximize its revenues while minimizing costs, as it can produce at a level that optimally balances supply and demand. Additionally, the lack of competitors reduces the need for marketing and innovation, further enhancing profit margins. Overall, monopolies can sustain higher profits over time due to their control over the market.
Can a corporation have a non-profit corporation?
Yes, to take care of all the other biz which is non-givernmental n profit oriented.
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."
Why San Miguel Corporation is monopoly?
yes san miguel is monopoly becuz the owner of san miguel and the owner of monopoly have sex and got married that is y its true
Is an electricity company an example of monopoly?
Yes, it is more beneficial for the economy to have utilities as a monopoly, although they are considered as a 'natural' monopoly. Governments can nationalise the utility in order to maximise social welfare rather than maximise profit, this will keep prices low, keep output high and increase consumer surplus and consumer choice. Your welcome
The major steel monopoly in the 19th century?
carnegie steel corporation
How you can know about a corporation type?
Whether it is a profit or non-profit corporation can be ascertained from the company prospectus, its nature of activities,future plannings etc.
