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Name on present day company and give an example of the monopoly it holds?
Wiki User
∙ 14y ago
Tesco is a fine example of a monopoly in the UK
Wiki User
∙ 14y ago
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A company holds a monopoly of selling shoes. What effect does the monopoly have on the customer?
Monopolies are not generally kind to consumers. In this instance, the prices will likely increase.
Why you would expect a monopoly to charge a a higher price than an industry operating under perfect competition?
If a company holds a monopoly, consumers are focred to pucharse its goods and services. As consumers do not have an alternative, the company can charge higher and higher prices without losing its customers (becuase they don't have anywhere else to go!).
Firms in Which market structure holds the most market power?
Monopoly
Explain the disadvantages of a monopoly?
The person who holds the monopoly will have the option to control the situation to his own advantages & will have unfair advantage over others. This results in unfair competition. One of the solutions to this is granting limited monopoly to encourage creativity like Patents, designs, copyrights etc. The person who holds the monopoly will have the option to control the situation to his own advantages & will have unfair advantage over others. This results in unfair competition. One of the solutions to this is granting limited monopoly to encourage creativity like Patents, designs, copyrights etc.First, monopolies cause reduction of the quality of the products. In fact, the company that has a monopoly will buy the cheap primary materials to reduce the total cost of the products.Second, monopoly causes a reduction satisfaction of the customers. Because there is only one provider or producer, the customers have no choices and they are coerced to buy this product when they need it.Third, monopoly causes increased prices. Because there is only one company can provide or produce the product, the company can increase its prices to make the highest profit.Fourth, monopoly may cause many disadvantages for the employees of the company that has a monopoly. Actually, company can decrease the salaries for its employees because it wants to reduce its total cost.In conclusion, decreasing the qualities of the goods, decreasing the gratification of the consumers, uprising the prices and decreasing the advantages of the employees in the companies that have monopoly are the main negative effects of the monopoly.customer exploitationhigh pricesLower quality
Is holds the present tense for a verb?
Yes, holds is the present tense of the verb hold.
One advantage of monopolies from a business perspective?
A monopoly is when a business has a product or service that no one else offers. If a business holds a monopoly over competition they will have more money.
Why is a Monopoly markets undesirable RELATIVE to perfect competitive market discuss?
In Monopoly, there is no market power as the monopoly firm is the only supplier and holds pricing power. However in a perfect competitive market, prices are set by interaction of supply and demand. This is why monopoly markets are undesirable relative to perfect competitive market.
How is ownership measured in a company?
Officially ownership is represented by who holds the equity of a company. Corporations have shareholders and they are the owners. Whomever holds more shares owns a greater portion of the company.
What are the tenses of verb hold?
The tenses of the verb "hold" are present (hold/holds), past (held), and future (will hold).
What is the present tense of hold?
present tense:hold past tense: held
The legal life of a corporation is how long?
The legal life of a corporation is the length of time that the company is in business and holds a legal status. A company can only be as old as the company in which it is started. For example, a company formed in the United States cannot be any older than July 4th, 1776.
What company holds the trademark for the term firewire?
Apple
