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Q: What is a example of geographical monopoly?
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What is a geographical monopoly?

When a market's potential profit is so limited by its geographic location that only a single seller decides to enter the market. That type of market is a geographic monopoly. An example would be a general store in a remote community.


What is An effective monopoly in the use of physical coercion in a given geographical area is known as?

state


Name on present day company and give an example of the monopoly it holds?

Tesco is a fine example of a monopoly in the UK


Different example of monopoly in Philippines?

Meralco :)


Example of a monopoly company?

Petroleum Company


Where is an Example of geographical strait?

One example of a geographical strait is the Strait of Gibraltar, located between southern Spain and northern Morocco. It connects the Atlantic Ocean to the Mediterranean Sea and is an important shipping route.


Example of pure monopoly in the Philippines?

The Meralco Electric Company is a perfect example of monopoly in the Philippines


What is an example of scale model?

A geographical globe.


What is the difference between the term 'monopoly' and 'natural monopoly'?

The difference between the term 'monopoly' and 'natural monopoly' is a monopoly is a market situation one group controls the availability and price of a service or item. A natural monopoly is a service or item that is provided by a single sorce. An example would be transportation like buses, or taxies.


Give you give me an example of a monopoly?

Mono refers to one. A monopoly means that one person or on family possesses or own everything or many businesses.


What is a monopoly business?

One business would control an entire industry


What is an example of a geographical feature that holds heat?

Deserts