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Q: What grant firms control over scarce resources?
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Continue Learning about Economics

When will demand become grant?

When the budget session is closed.


Why does the government grant patents?

Patents exist to encourage research and innovation. If you are able to patent something, then no one can copy your exact idea for 20 years (depending on your invention). This allows you to control the market for your patented item to some extent. The monetary rewards available from inventing something patent-worthy encourages new creations.


Why might a government grant subsidies to certain individuals or businesses?

To help consumers ensure an affordable supply of certain goods.


How do utilities make money?

Regulated Utilities operate in industries where there is a natural monopoly. This means that the service can be provided better and cheaper by a single operator. Electricity is a good example. If there was competition, there would have to be redundant infrastructure everywhere (transmission lines) - each system costing the same but serving fewer people thereby driving up costs for everyone. In these circumstances, governments have decided that the best bet is to grant a monopoly to a single firm. However, in exchange, these firms have agreed not to exert monopoly power to maximize profits. They are overseen by regulatory commissions, which have to approve their actions. It is expected that they will, however, make a modest (but fairly guaranteed) return on their investments, and this is "allowed" by the regulators.


What is a concesion?

The word concession means to acknowledge something or put something into admission. It can also describe a grant of land or property by the government.

Related questions

Which access control model should you use to grant access to resources in order to ensure the highest level of security?

MAC


How many people work for grant thornton?

Grant Thornton employs over 50,000 people globally across its network of member firms.


What has the author Grant Miller written?

Grant Miller has written: 'Contraception as development?' -- subject(s): Birth control, Economic aspects of Birth control


What reward did Grant get for victory at Vicksburg?

Grant was given supreme control of all troops in the West.


What Tier 1 resources must be inventoried for NIMS compliance?

All resources acquired using FEderal grant funding


How long did the charter grant control of the colony to the trustees?

jjdfjfrjfjfjff


What battle did grant control the Mississippi river?

Battle of Vicksburg


The general term for federal money or resources granted or local government is?

a block grant


Who took control of grant's army after grant's advancement and eventually took Atlanta in September of 1864?

William Tecumseh Sherman


Sources of grant funding?

Foundation Center can help you find information on specific grant makers, identify funding sources, and use our local resources free of charge.


What are opinions on Lombardi publishing about grant resources?

It's not a scam. But all you get is a report listing all the potential grant sources available. I've never been able to get a grant from any of them, but I felt I got what i paid for from lombardi pblishing.


What battle did Grant win and gain Union control over the Mississippi?

Vicksburg