0
What else can I help you with?
What do you call a business that controls a market and no competition?
A monopolistic firm is a firm that controls the market. This is only possible with scarce competition (little to none.) The market structure is called a monopoly when this happens.
The highest form of competition in economics called?
perfect competition
What does a monopolist competition do to maximize its profit?
If a company or organisation is a monopoly it has no competition. Therefore it can do anything it wishes to maximize its profit
What is lumberjack competition called?
loggo
What best explains what exists when one person or company has exclusive control over a particular good or service?
When a single person or company has exclusive control over a good or service it is called a monopoly. Monopolies are characterized by a lack of competition in the market.
Who manufactures central pneumatic tools?
a little company called CHINA. a little company called CHINA.
When a company controls the entire market and eliminates it's competition it's called a?
Monopoly. A monopoly occurs when a single company dominates the market and has the power to set prices and control supply without facing significant competition.
Why is Aston Martin called Aston Martin?
Aston Martin was created by Lionel Martin in 1922. His car company won at a competition called Aston hill climb. So he called his company Aston Martin.
What is it called when a company wipes out all the competition?
When a company wipes out all its competition, it is often referred to as achieving a monopoly. In a monopoly, a single company dominates the market, controlling prices and supply, which can lead to reduced choices for consumers. This practice can raise concerns regarding anti-competitive behavior and is often subject to regulatory scrutiny to ensure fair competition.
What was Aston Merrygold like when he was little?
He was a singer and entered a singing competition called 'Stars In Their Eyes',where he came second.
What is the difference between direct competition and indirect competition?
Direct competition is a company that offers a product that customers may choose over your product. Indirect competition is a company that offers a substitute good.
What do you call a business that controls a market and no competition?
A monopolistic firm is a firm that controls the market. This is only possible with scarce competition (little to none.) The market structure is called a monopoly when this happens.
What was the company in which employees work many hours but are paid very little?
That kind of company is called a 'sweat shop'.
What is the word for company with no competition?
monopoly
Who is the publisher for Breaking Dawn?
I think it was this small company called Little Brown...
Is IBM perfect competition?
IBM is a company, so it can't be a perfect competition. Only industries can be a perfect competition, or not.
What is the name of the company that made the Furby?
The company that made the cute little Furby is called Hasbro.
