answersLogoWhite

0

Utility companies generally have a monopoly, but it is highly regulated by government. Some telecom companies had state-sponsored monopolies until recently (see Comcast/AT&T in Mighican).

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Give detailed example of monopolistic competition in pakistn?

in general; some examples of monopolistic competition are foods, clothes, shoes, gasoline,toys, etc.


What is the explanation for the features of monopolistic competition?

Existence of large firms, no competition and influence over the prices are some of the characteristics of monopolistic competition.


Why perfect competition also known monopolistic competition?

Perfect competition and monopolistic competition are distinct market structures, but they share some similarities. Perfect competition features many firms selling identical products, leading to no single firm influencing market prices. In contrast, monopolistic competition has many firms as well, but they sell differentiated products, allowing for some degree of market power. The term "monopolistic" in monopolistic competition refers to this ability of firms to set prices above marginal cost due to product differentiation, which is not present in perfect competition.


Is online auctioning oligopoly?

Online auctioning is an example of Pure Competition. Here are some examples of the others: Monopoly - Sewer Service Monopolistic Competition - Video Rental Oligopoly - Digital Cameras


Why is monopolistic competition inefficient compared to perfect competition?

Monopolistic competition is inefficient compared to perfect competition because firms in monopolistic competition have some degree of market power, allowing them to set prices higher than in perfect competition. This leads to higher prices for consumers and less efficient allocation of resources. Additionally, firms in monopolistic competition may engage in non-price competition, such as advertising, which can further reduce efficiency.


What are some market structures that are characterized by at least some competition between producers?

A. Pure competition D. Monopolistic competition E. Oligopoly


What are some examples of markets that exhibit characteristics of monopolistic competition, such as differentiated products and a large number of firms competing for market share?

Some examples of markets that exhibit characteristics of monopolistic competition include the fast food industry, the clothing industry, and the personal care products industry. In these markets, firms offer differentiated products to attract customers, and there are many competitors vying for market share.


What are market structures that are characterized by at least some competition between producers?

A. Pure competition D. Monopolistic competition E. Oligopoly


Which are market structures that are characterized by at least some competition between producers?

A. Pure competition D. Monopolistic competition E. Oligopoly


Give you some example of competition?

There are many examples of competition such as the sale of like products by different businesses. You can also have competition to win sports games or musical competitions.


What condition differentiates a market of pure competition from one of monopolistic competition?

The key condition that differentiates a market of pure competition from one of monopolistic competition is the degree of product differentiation. In pure competition, all firms offer identical products, leading to no pricing power for individual firms. In contrast, monopolistic competition features differentiated products, allowing firms to have some control over their pricing and marketing strategies. This differentiation can be based on quality, branding, or other attributes that make the products distinct from one another.


What are examples of cooperation and competition between and among species in the mountains?

Some examples of cooperation between species are: animals alerting each other of predators, animals eating insects off of others. Some examples of competition are: fighting for living space and resources, fighting for a mate.