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When Which one of the following is true about a firm with a natural monopoly?
A natural monopoly is likely to arise when economies of sale exist over the relevant range of demand.
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 type of market structure would x-inefficiency most likely exist?
monopoly
Why is Perfect Competition as a model better for society than unregulated Monopoly?
Perfect competition allows for fairer price structures than those that would likely be seen in a monopoly.
Is service and quality likely to be better in an industry dominated by a monopoly or in a perfectly competitive industryWhy?
in a perfectly competitive industry
When Which one of the following is true about a firm with a natural monopoly?
A natural monopoly is likely to arise when economies of sale exist over the relevant range of demand.
How do you spell molopoly?
It's most likely that you mean '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 type of market structure would x-inefficiency most likely exist?
monopoly
How do you spell untincil?
The likely word is "utensil" (an eating implement such as a fork or spoon).
Why is Perfect Competition as a model better for society than unregulated Monopoly?
Perfect competition allows for fairer price structures than those that would likely be seen in a monopoly.
How likely is it to roll 3 doubles in a row while playing Monopoly?
The likelihood of rolling 3 doubles in a row while playing Monopoly is 1 in 216, or approximately 0.46.
What word would most likely mean to create and implement new laws?
Legislate.
What was the relationship between competition and monopoly in American industry during the post-civil war era?
Competition was snuffed out because of monopolies. Since people were in bad shape after the war, large companies (most likely subsidized by the government) monopolized areas. An example of this monopoly would be the railroad industry. Trains were first made to be the only source of transport. If you think about cars, the oil industry also set up a monopoly so the single source of fuel would be gasoline. Competition relates to monopoly because the act of monopolizing gets rid of competition.
What factors need to be considered when using training to implement an organisations health and safety policy and ensure a safe workplace?
The likely incidents and accidents that are likely to happen are some of the factors that need to be considered when using training to implement an organization's health and safety policy.
What factors need to be considered when using training to implement an organisation's health and safety policy and ensure a safe workplace?
The likely incidents and accidents that are likely to happen are some of the factors that need to be considered when using training to implement an organization's health and safety policy.
What statements would Enlightenment thinker John Locke most likely have agreed with?
John Locke would likely have agreed with statements promoting individual rights, the idea of a social contract between government and citizens, and the belief that government exists to protect people's natural rights to life, liberty, and property.
