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).
mcdonalds, wendys, burger king, etc. Big businesses: Microsoft, Wal-Mart, Proctor & Gamble
what are some examples of non-tax revenue
competition, contest, rivalry, contention
James C. Penney Founder of J.C Penney, He is a Sole Proprietor.
The advantages of being a first mover in an industry is that you compete directly with the already established gurus.
in general; some examples of monopolistic competition are foods, clothes, shoes, gasoline,toys, etc.
Existence of large firms, no competition and influence over the prices are some of the characteristics of monopolistic competition.
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
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.
A. Pure competition D. Monopolistic competition E. Oligopoly
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.
A. Pure competition D. Monopolistic competition E. Oligopoly
A. Pure competition D. Monopolistic competition E. Oligopoly
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.
"Monopolistic Competition" is, unless I'm missing something, an oxymoron. "Monopoly" implies "no competitors," so who, precisely, is the monopoly supposed to be competing with? In an oligopoly, there are a few competitors, so there actually could be some competition; however, the term is generally used in a trust situation where the "competitors" more or less agree not to actually compete.
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.
no monopoly is better in some organizations because i it gives economy of scale and its gives better services because of its large scale business but monopolistic competition is better than monopoly because in monopolistic competition , organization has discretionary power on either quantity or price but in monopoly organization have more control on price or supply than monopolistic competition and can charge price of its own will.