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What does the size of a market have to do with whether an industry is a natural monopoly?
well technically a monopoly is just holding 25% percent of the market, so it would help if the market was smaller.
What is the meaning of a four-firm concentration ratio of 50 percent?
A four-firm concentration ration of 50 percent means that the top four firms of a particular industry produce 50% of the total output for the entire industry. The higher the concentration ration, the closer the industry becomes to an oligopoly or a monopoly.
How did John D Rockefeller come to own 90 percent of the standard oil company?
John D. Rockefeller co-founded the Standard Oil Company in 1870 and rapidly expanded its operations through aggressive business strategies, including horizontal and vertical integration. By acquiring competing refineries and consolidating oil production, transportation, and distribution, he effectively controlled the entire oil supply chain. This consolidation allowed him to dominate the market, leading to Standard Oil commanding about 90 percent of U.S. refineries and pipelines at its peak. His business practices, while controversial, were instrumental in establishing Standard Oil as a monopoly in the oil industry.
Although they made up 5 percent of the population in the early 1900s which class controlled 30-40 percent of the wealth?
The middle class (or bourgiousi)
What percent of Yellowknife industry is in Primary Secondary and Tertiary?
science city
What does the size of a market have to do with whether an industry is a natural monopoly?
well technically a monopoly is just holding 25% percent of the market, so it would help if the market was smaller.
What company held the monopoly on the photographic industry for most of the twentieth century?
Kodak held a virtual monopoly of the photographic industry from the turn of the century through this period, perennially controlling roughly 90 percent of the film market and an overwhelming share of the camera market
What is the meaning of a four-firm concentration ratio of 50 percent?
A four-firm concentration ration of 50 percent means that the top four firms of a particular industry produce 50% of the total output for the entire industry. The higher the concentration ration, the closer the industry becomes to an oligopoly or a monopoly.
How concentrated was banking in 1992?
By mid-1992 the top 150 MBHCs controlled 15 percent of all banks, 30 percent of all branch offices, and 50 percent of all deposits in the banking industry
What percent of the worlds population lives in the Americas?
25.5 percent
Who are the leaders in the soft drink industry?
Coca-Cola and Pepsi-Cola controlled more than 70 percent of the U.S. soft drink market, producing the majority of the industry's best-selling brands.
Where was the center of 1870 oil boom industry?
In 1870, John D. Rockefeller established Standard Oil, which by the early 1880s controlled some 90 percent of U.S. refineries and pipelines. Critics accused Rockefeller of engaging in unethical practices, such as predatory pricing and colluding with railroads to eliminate his competitors, in order to gain a monopoly in the industry. There was a oil rush in Pennsylvania in the 1860s-1870s which was run by the Pennsylvania Rock Oil Company, under George Bissell.
How much is 64 percent of Americas people?
64 percent. Or .64 of the whole population.
Which class made up 5 percent of the population but controlled 30 percent - 40 percent of wealth?
The Elite
Current market share for perrier water?
Market share is the portion of the consumer base, in a given industry, that is controlled by any one of the competitive companies in that industry. Perrier Water has 13.1 percent of the market share of the leading bottled sparling water brands in the United States.
What proportion of people work in primary industries in China?
The primary industries in China are agriculture, industry, and service. The agricultural sector employs 40 percent of the population. Industry accounts for 26 percent. The service industry accounts for 32 percent.
What percent of Africa was controlled by the other European countries?
90%
