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Why does a monopoly cause a deadweight loss?
because it went to the bathroom and pooped all the deadweight
Is the loss caused by a monopoly similar to the deadweight loss from taxation?
yes!
What is market failure and how does it affect the economy?
market failure is a term used in economics to denote a condition in which free markets are not able to perform under the certain preassumptions made by economists. The main four reasons for market failure are monopoly power,externalities,public good and information failure.
What impact does consumer purchase of imported goods and services have on the US economy?
Assuming trade is relatively free and purchase of the imported goods and services is rational, then then there are two principal outcomes:1) Societal welfare is increased. This occurs because consumers are achieving equivalent levels of utility at lower price levels. While some social welfare is lost by the transfer of production from the domestic locale to foreign, specialisation also occurs in other industries for the domestic market.2) Assuming a simplified Hecksler-Ohlin model, industries which are based on the primary input of the imported good are competed against. For example, import of Chinese manufactures causes welfare lose to local manufacturers because their profits and source revenues are slashed. Additionally, redistribution of inputs to more profitable industries (who sell to the other country) raises their cost of production. Overall, however, their welfare loss is strictly less than society's. Therefore, a Pareto improvement occurs.
Is it hard to enter a pure monopoly?
yes it is very hard to enter into the monopoly because either there are government regulations, license system or latents. one thing that is to be kept is mind that the inputs are very much expensive that common man can not afford it to purchase and use them for production. if an other firm of organization tend to enter into the monopoly then the opposite firm will reduce the price which will result into loss for the company so it is not beneficial for the company.
Why does a monopoly cause a deadweight loss?
because it went to the bathroom and pooped all the deadweight
Is the loss caused by a monopoly similar to the deadweight loss from taxation?
yes!
What is market failure and how does it affect the economy?
market failure is a term used in economics to denote a condition in which free markets are not able to perform under the certain preassumptions made by economists. The main four reasons for market failure are monopoly power,externalities,public good and information failure.
Negative externalities result in a welfare loss but positive externalities result in a welfare gain?
you bet
When the government creates a monopoly the social loss may include what?
the cost of lawyers and lobbyists hired to convince lawmakers to continue the monopoly.
Does a US citizen lose certain welfare assistance because they are married to a foreigner?
Loss of assistance may more likely occur because you now have two incomes.
A power loss occurs when you apply carburetor heat because?
The flow of air in the carburetor venturi is restricted.
What are the results of the Ottoman loss of monopoly over the Indian trade?
ottoman empire?
Progressive hearing loss that occurs in old age?
What is it call when Progressive hearing loss that occurs in old age
Why does ozone loss occur primarily over Antarctica?
Ozone loss is mainly over Antarctica. It is because ozone depletion occurs mostly in low temperatures.
What impact does consumer purchase of imported goods and services have on the US economy?
Assuming trade is relatively free and purchase of the imported goods and services is rational, then then there are two principal outcomes:1) Societal welfare is increased. This occurs because consumers are achieving equivalent levels of utility at lower price levels. While some social welfare is lost by the transfer of production from the domestic locale to foreign, specialisation also occurs in other industries for the domestic market.2) Assuming a simplified Hecksler-Ohlin model, industries which are based on the primary input of the imported good are competed against. For example, import of Chinese manufactures causes welfare lose to local manufacturers because their profits and source revenues are slashed. Additionally, redistribution of inputs to more profitable industries (who sell to the other country) raises their cost of production. Overall, however, their welfare loss is strictly less than society's. Therefore, a Pareto improvement occurs.
Why glycosuria occurs in nephritic syndrome?
because inflammation of the glomerular capillaries reduces its reabsorption capacity and hence loss of glucose.
