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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.
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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 is the monopoly guys real name?
monopoly man
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.
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.
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.
What is Spanish Monopoly?
Monopoly in spanish is...
What do you need for monopoly?
a game of monopoly
What are the the Monopoly characters?
monopoly man
What are some sentences using the word monopoly?
"Monopoly suppliers are publicly owned." "Monopoly of wisdom." "Monopoly of truth seems to threaten us."
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 is a sentence of monopoly?
Monopoly is a board game.
How do you download Monopoly?
there a monopoly game in nick.com.
