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What business contributed most to Andrew Carnegies ability to form a monopoly?
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When a firm has little ability to influence market prices it is said to be in what kind of a market?
Imperfect monopoly
What might create a monopoly?
One condition that leads to the rise of a monopoly is the ability of one company to buy another similar company out. Another condition occurs when one company lowers prices in such a way to drive another company out of business.
How are a monopolistic firm and a competitive firm similar?
Monopoly means that there are no competitor for your product or servises
What is Entrepreneurial Ability?
Entrepreneurial ability is refers to the ability to be able to manage a business well. This is one of the most critical factors of production.
Who was attracted by the profit motive?
People of high ability and ambition into business.
What contributed to early people's ability to produce food?
The ability to make fire!!
What contributed most to early peoples ability to produce food?
The ability to make fire!!
What contributed most to the greatness of Carthage?
Its trading ability.
What does William F. Hecht believe has contributed to the success of PPL?
its ability to make a profit in both the regulated electricity delivery business and the deregulation electricity generation and marketing business. Once again, however, Hecht pointed to deregulation as the primary foundation of the company's success
What is a bargaining power?
A bargaining power is the ability to influence the setting of prices or wages, usually from a monopoly position.
What goal did the Western allies in Boxer Rebellion?
To protect the ability of business to continue trade with China
When a firm has little ability to influence market prices it is said to be in what kind of a market?
Imperfect monopoly
Are Entrepreneurs are noted for their ability to bounce back after a business failure?
Entrepreneurs are noted for their ability to bounce back after a business failure.
What might create a monopoly?
One condition that leads to the rise of a monopoly is the ability of one company to buy another similar company out. Another condition occurs when one company lowers prices in such a way to drive another company out of business.
Womens ability to vote contributed to?
The woman's suffrage movement in the 1920s
How are a monopolistic firm and a competitive firm similar?
Monopoly means that there are no competitor for your product or servises
What is Entrepreneurial Ability?
Entrepreneurial ability is refers to the ability to be able to manage a business well. This is one of the most critical factors of production.
