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Briefly answer what is so bad about monopoly Can anything be good said about monopoly?
Abhi7
Advantages Of Monopoly
* Research and Development. Supernormal Profit can be used to fund high cost capital investment spending. Successful research can be used for improved products and lower costs in the long term. E.g. Telecommunications and Pharmaceuticals. * Economies of scale. Increased output will lead to a decrease in average costs of production. These can be passed on to consumers in the form of lower prices. * International Competitiveness. A domestic firm may have Monopoly power in the domestic country but face effective competition in global markets. E.g. British Steel * A firm may become a monopoly through being efficient and dynamic. A monopoly is thus a sign of success not inefficiency.
Source: Economic Help
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Who said monopoly is business at the end of its journey?
Henry Demarest Lloyd
When a firm has little ability to influence market prices it is said to be in what kind of a market?
Imperfect monopoly
An industry is said to be a natural monopoly when?
long-run average cost continues to decline as quantity of output increases.cha cha cha
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Pride is said to be the last vice the good man gets clear of?
What is so bad about Monopoly can anything be said that is good about Monopoly?
Monopoly is well thought of, but I don't like it. IT'S TOO LONG, AND BECAUSE IT'S SO LONG IT'S EXTREMELY FRUSTRATING TO LOSE, SPENDING AN HOUR OR MAYBE MORE PLAYING A GAME AND THEN LOSING!But if you like strategy and the enjoyment of crushing your rivals then its the game for you (not for impatient people)
When a company has no competition in selling its products it is said to have?
Monopoly
When a company has no competion in selling its product it is said to have a what?
monopoly
When a company has no competition in selling it's product it said to have a?
Monopoly
Where is monopoly and payday said in the Jonas brothers' song Games?
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Who said monopoly is business at the end of its journey?
Henry Demarest Lloyd
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lady Capulet
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you can make a sentence using any word. for example: "I love monopoly." said Sammy, as they walked to the game hall.
When a business has no competitors and controls the market for a product or service it is said to have an?
have a monopoly of the market
When a company controls an industry after wiping out its competitors it is said to be a?
monopoly. btw are you in whiteheads class?
Who said can anything good come out of Nazareth?
Jesus Christ grew up in Nazareth.
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In an interview he said he dated her briefly, but that she was too immature.
