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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.


What was the The effect of the Italian monopoly?

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What was the effect of the Italian monopoly?

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What do monopolies naturally stifle?

Competition - a monopoly stops other businesses competing for the same customer base.


What is a monopoly and what are the benefits to owning a monopoly?

A monopoly is when you own/dominate an industry.eventually you will be so powerful you will either buy out competitors or run them out of business.After you do that you are the only person that is able to provide your services.So since you are the only one standing you can name your price and the customer will have to pay you.no one else just you.NOTE:it is now illegal to own a monopoly


What is a monopoly and explain the benefits to owning a monopoly?

A monopoly is when you own/dominate an industry.eventually you will be so powerful you will either buy out competitors or run them out of business.After you do that you are the only person that is able to provide your services.So since you are the only one standing you can name your price and the customer will have to pay you.no one else just you.NOTE:it is now illegal to own a monopoly


What effect did the Clayton Antitrust Act have on monopolies such as Standard Oil?

It made certain practices illegal when their effect was to lessen competition to create a monopoly.


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.


Is customer satisfaction is a dependent variable?

Well, that depends on whether 'customer satisfaction' is the cause or the effect in your analysis. If say, 'prompt attention to customer problems' were the causative (independent) variable, then the 'customer satisfaction' would be the result/outcome/dependent variable. However you could have had a study in which 'customer satisfaction' was the cause/independently variable, and 'likelihood of repeat business' were the result/outcome/dependent variable. You must distinguish between CAUSE and EFFECT. Cause is the independent variable that creates the Effect observed.


Kinds of monopoly?

There are many different types of Monopoly. I can name a few. : Monopoly Monopoly Spongebob Squarepants Edition Monopoly Disney Pixar Edition Monopoly Junior


Use monopoly in a sentence?

Jane has a monopoly in that area. Mary has a monopoly of banks.


What are some popular games on the Monopoly games list?

Some popular games on the Monopoly games list include Monopoly Classic, Monopoly Junior, Monopoly Empire, and Monopoly Ultimate Banking.