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A monopoly happens when one business has no competitors. Imagine if McDonald's was the only fast food restaurant in the city. Of course, that would mean they would be able to raise their prices there for no reason besides the fact that they're able to. No opponents. The customers would either be forced to go to another city to buy burgers, or stay there and eat. Obviously, the government has passed laws against raising your prices without a just cause, so don't try it.
What else can I help you with?
Is monopoly better than monopoly express or monopoly express better than monopoly?
If you want something entertaing for a short period of time Monopoly Express is better.If you want somethig that is longer , Monoploy. But you could play the original Monopoly on the Monopoly Express gameboard.
How does a corporate monopoly impact competition?
Monopolies harm the economy because the products of the monopoly can be inferior and because it restricts free trade. also, it makes it nearly impossibe for a small business in the same industry to be successfull because the monopoly's prices are usually lower than is possible for a small business to set without losing money.
What are the four conditions in place in a perfectly competitive market?
the economy Major of those four are the natural monopoly. geographic monopoly, govrnement monopoly. technological monopoly.
How Indian railways as a monopoly?
it is a monopoly, and it's bad
What date did monopoly come out?
Monopoly came out in 1935.
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.
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.
Is monopoly better than monopoly express or monopoly express better than monopoly?
If you want something entertaing for a short period of time Monopoly Express is better.If you want somethig that is longer , Monoploy. But you could play the original Monopoly on the Monopoly Express gameboard.
The sherman antitrust act was passed in response to what?
years of laissez-faire policies by the federal government. standard oils u.s monopoly ***widespread mistrust of growing corporate power over the U.S. economy.
The Sherman Antitrust Act was passed in response to?
Standard Oil's U.S. monopoly. widespread mistrust of growing corporate power over the U.S. economy. years of laissez-faire policies by the federal government.
What are the the Monopoly characters?
monopoly man
What is Spanish Monopoly?
Monopoly in spanish is...
What do you need for monopoly?
a game of monopoly
How can I collect 200 Monopoly dollars in the game Monopoly?
To collect 200 Monopoly dollars in the game Monopoly, you can pass "Go" on the game board, which rewards you with 200 Monopoly dollars.
How many versions of Monopoly are there available?
There are many versions of Monopoly available, with different themes and variations, such as Monopoly: Fortnite Edition, Monopoly: Disney Villains Edition, and Monopoly: Cheaters Edition.
