answersLogoWhite

0

Multiple producers mean competition and lower prices - avoiding a sole producer becoming a monopoly

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What are the producer's emails of Young Justice?

There is more than one producer of course, but just picking one,You can contact Greg Weismanthrough LinkedIn


What is one kind of producer that's name starts with an ''H''?

A herb starts with an 'H' but there is more than one producer,there's grass,seeds,and trees too.AND MORE


Who is Better than the Glasgow Rangers?

There are better teams. But no one has one more trophies than Glasgow Rangers.


Why are two blankets better than one?

Two blankets are better than one, because they provide more warmth, shelter, etc.


Who was the first person to go on Movie Star Planet?

There was actually more than one person, The Producer and all of the staff.


Do chickens fare better if there is more than one?

Yes, chickens are social and do better with a "flock", even when the "flock" is simply one more bird.


What is one important reason for specialization by a producer country?

The producer becomes more self-sufficient.


Why are two cooks better than one?

Two cooks are better than one because you can then get more things done at one time. (But of course you would need space for that) :-)


Why commerce is important?

In basic economic theory, it is because of revealed comparative advantage (RCA). If two people can make two products, there is always an RCA such that the two can produce more together if each one specialises. Even if one person is a less efficient producer of both products, it is better for that person to produce what they are less bad at producing and let the better producer concentrate on whatever they have the greater edge on. By doing so, the two can produce more together than going it alone. Then, they trade - and that is where the commerce comes in. As a result, each person would be better off than trying to be self-sufficient and not trading.


Why is xbox one better than PS4?

Xbox one is better because it simply is more advanced; watch the E3 videos


What makes one question more or less useful than another?

If the answer gives more new information (or a better understanding), the question is better.


Can we combine more than one separation techniques to get better results?

yes