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Why do monopolies exist?
Monopolies exist for two reasons: 1.) The overhead cost is to high for competition to exist. For example a power company owns all the power lines and necessary equipment to generate electricity for a city. If another company decided to compete it would need to build an infrastructure from scratch resulting in to high of an overhead. 2.) The other reason is when a single entity controls a significant amount of a market resulting in a lack of economic competition.
How did trust and mergers hurt competition?
Trust and mergers hurt competition because they help create monopolies. When two companies merge, they are no longer competitive with each other and have a size advantage over companies that were formerly competing with both of them.
Two economically unsound business practices used by corporations during the 1920s?
Buying on margin because it would only work if the demand continued to rise. Stock because if the marked crashed then everyone involved in the bank would lose their money.
What two categories can markets fall into?
Markets can generally fall into two categories: perfect competition and imperfect competition. Perfect competition features many buyers and sellers, homogeneous products, and easy entry and exit, leading to optimal resource allocation. In contrast, imperfect competition includes monopolies, oligopolies, and monopolistic competition, where market power, differentiated products, and barriers to entry can distort pricing and output decisions.
What is the economic system of the Ottoman Empire?
the economic system of the Ottoman Empire consists of many key concepts. The Ottomans, like many other civilizations believed in military expansion to boost their economy. They also believed in fiscalism which is the economic theory of fiscal policy. This concept is the expenditures a government undertakes to provide goods and services. The two main practices are taxation and borrowing. Other economic strategies include traditional monopolies and conservative land holding. As the capitalist system grew in Europe, the Turks methods became less and less useful and ultimately lead to their down fall.
Who were the two men who built railroad monopolies?
Vanderbilt and Stanford.
Why progressives in the early1900s sought government action to control monopolies?
Pretty much all progressives sought action to control monopolies. Theodore Roosevelt and William Howard Taft stand out as the two glaring examples of progressives who took action to control monopolies.
Which two properties of sandy soils influence cultivation practices?
it is used for construction
Identify two programming languages commonly used to develop web applications?
JavaScript and ActiveX
What are two best practices that are used when configuring a small home?
The use of EAP and the use of open authentication
What are two ways bones develop?
Bones develop by either of the two ways, intramembranous and intracartilagenous.
What are two best practices that are used when configuring a small home WLAN?
The use of EAP and the use of open authentication
What two dogs were used to develop the golden retriever?
1 wuz the golden and the other wuz the retriever lolz
State two practices of the early churches?
There are a few practices that come from early churches. The two main practices were Apostolic Age and Ante-Nicene Period.
What are two individuals that develop from the same zygote called?
Two individuals that develop from the same zygote are called identical twins. If they develop from two separate zygotes, they are fraternal.
How is Eclipse different from C plus plus?
Eclipse is a development platform, usually used to develop Java, but it can be used to develop C++. C++, on the other hand, is a language, not a platform. As a result, the two cannot be compared correctly. Please restate the question.
What is a yumi?
A yumi is a kind of bow used by Japanese archers in the practices of kyudo and kyujutsu, two distinct forms of Japanese archery.
