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A company holds a monopoly of selling shoes. What effect does the monopoly have on the customer?
Monopolies are not generally kind to consumers. In this instance, the prices will likely increase.
What kind of market runs most efficiently when one large firm supplies all of the output?
a natural monopoly
When a firm has little ability to influence market prices it is said to be in what kind of a market?
Imperfect monopoly
How do you control monopoly?
In a competitive environment, monopoly CANNOT be stopped. It is the process of competition by which the driving force of the market sector breathes. One may enter the monopoly of a given sector to compete in monopoly, but in order to stop monopolistic competion or halt it to a substantial degree one must declare itself in pure monopoly. This may only occur when all other companies have exited the market due to the extreme barriers to entry, such as a lack of profit making for any company besides the company in pure monopoly. Generally, one cannot stop a monopoly in progress. The only way to halt a monopoly is by the extreme conditions of market forces existing in a monopoly that would cause a company to gain total control and therby stopping competitive markets from existing. Although, competitive markets may still exist, thereby promoting the existence of a monopoly into existance, without profit making a monopoly system will crash leaving only a pure monopoly for all profit taking. To stop a Monopoly board game in progress all one needs to do is close the game and walk away.
What kind of tax rates do socialist economies generally have?
Socialist economies are associated with having high tax rates. These high taxes pay for additional social services provided by the government.
What kind of monopoly that us government generally permits?
Professional sports leagues
What kind of monopoly often provides basic necessities such as public utilities?
Government run monopolies. When the government has control of a monopoly they often provide basic needs for the people, but do not take advantage of the power. Ex. the post office is a government run monopoly.
A company holds a monopoly of selling shoes. What effect does the monopoly have on the customer?
Monopolies are not generally kind to consumers. In this instance, the prices will likely increase.
What kind of game is monopoly?
It's a board game.
What kind of business is able to control an entire industry?
A Monopoly
What kind of government did the New Jersey propose?
The New Jersey plan proposed a government with a unicameral legislature, an executive committee, and generally sovereign states.
What kind of government did the New Jersey Plan propose?
The New Jersey plan proposed a government with a unicameral legislature, an executive committee, and generally sovereign states.
What kind of joint permits the bone to move in a circle?
ball and socket joints
Did Theodore Roosevelt ever use monopoly?
No, he never owned that kind of business.
How to I open a marketing business?
It is hard to give you a complete detailed answer as the exact requirements differ by location. Generally you would need the business permits required by your local city and state laws and usually some kind of certification in the marketing field showing that you are qualified to run that kind of business.
Types of permits to carry a gun in Chicago?
There are not. The state of Illinois does not issue gun carry permits of any kind, and until recently, you basically couldn't have a gun in Chicago at all.
What kind of government do we have in Augusta?
What kind of government do we have in augusta?
