No, they have competitors and a monopoly doesn't . Yes, they try to control how other companies use the same type technology.
Economists use two sets of concepts to answer questions. First they apply efficiency concepts such as productive efficiency. Then they ask how perfect competition and monopoly affect the consumer.
Sole control or monopoly means that a company has too much or all of the market share and it can affect supply, demand and even prices of a specific product. Monopoly is not good for a country and consumers over there.
The presence of a monopoly typically reduces consumer surplus on a graph. This is because monopolies have the power to set higher prices and limit the quantity of goods available, leading to less surplus for consumers.
If you want something entertaing for a short period of time Monopoly Express is better.If you want somethig that is longer , Monoploy. But you could play the original Monopoly on the Monopoly Express gameboard.
Can a hazardous building affect a skyscraper in monopoly city
It favored keeping a monopoly on new technology
No, they have competitors and a monopoly doesn't . Yes, they try to control how other companies use the same type technology.
It favored keeping a monopoly on new technology
It favored keeping a monopoly on new technology
It favored keeping a monopoly on new technology
It favored keeping a monopoly on new technology
It favored keeping a monopoly on new technology
It favored keeping a monopoly on new technology
It favored keeping a monopoly on new technology
It favored keeping a monopoly on new technology
It favored keeping a monopoly on new technology