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Monopoly exists primarily under conditions of high barriers to entry, which can include significant capital requirements, exclusive access to essential resources, or regulatory protections. Additionally, a lack of close substitutes for the product or service offered allows a single firm to dominate the market. Economies of scale can also contribute, as larger firms can lower costs per unit, making it difficult for smaller competitors to enter the market profitably. Lastly, strong control over distribution channels can further entrench a monopolistic position.
What else can I help you with?
What are the principal conditions that allow monopoWhat are the principal conditions that allow monopolies to exist?
barriers to entry
Can a pure monopoly really exist?
yes. even tho its illegal in the US other countries still allow monopoly. like mexico
What type of market structure would x-inefficiency most likely exist?
monopoly
When Which one of the following is true about a firm with a natural monopoly?
A natural monopoly is likely to arise when economies of sale exist over the relevant range of demand.
What are the four degrees of competition that exist in a capitalistic economy?
The four degrees of competition that exist in a capitalistic economy are: perfect competition, monopolistic competition, oligopoly, and monopoly.
What are the principal conditions that allow monopoWhat are the principal conditions that allow monopolies to exist?
barriers to entry
Can a pure monopoly really exist?
yes. even tho its illegal in the US other countries still allow monopoly. like mexico
How many types of monopoly exist in the market?
There are four main types of monopoly in the market: natural monopoly, geographic monopoly, technological monopoly, and government monopoly.
Why technological monopoly is allowed?
It is not encouraged and does not exist in practice.
Why can everybody in the world fly?
Because the laws of nature and physical conditions, that allow flight, exist everywhere in the world.
A monopoly may exist because?
if you have all of the proporties of the same suit. ex: boardwalk and parkplace. you have all of the proporties so hence a monopoly.
How many different versions of Monopoly exist?
There are over 300 different versions of Monopoly that have been created, featuring various themes and editions.
Why does god allow gay people to exist?
If you choose to believe in a god, they exist because he wanted them to exactly as they are. He doesn't allow them to exist, he wants them to exist.
What type of market structure would x-inefficiency most likely exist?
monopoly
What conditions would allow life on Saturn to exist or not?
Life as we know it would not be able to exist on Saturn due to extreme cold temperatures, lack of a solid surface, and toxic atmospheric conditions primarily composed of hydrogen and helium. However, some forms of microbial life may potentially exist in the warmer layers of Saturn's atmosphere where conditions are more favorable.
When Which one of the following is true about a firm with a natural monopoly?
A natural monopoly is likely to arise when economies of sale exist over the relevant range of demand.
What are the four degrees of competition that exist in a capitalistic economy?
The four degrees of competition that exist in a capitalistic economy are: perfect competition, monopolistic competition, oligopoly, and monopoly.
