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What else can I help you with?
How many types of monopoly exist in the market?
There are four main types of monopoly in the market: natural monopoly, geographic monopoly, technological monopoly, and government monopoly.
What are the four conditions in place in a perfectly competitive market?
the economy Major of those four are the natural monopoly. geographic monopoly, govrnement monopoly. technological monopoly.
How many houses are allowed on each property in the game of Monopoly?
In the game of Monopoly, only one house is allowed on each property.
In the game Monopoly what is the advantage of having a monopoly?
When you have a monopoly, you are allowed to add houses and hotels to your property increasing the rental amount when someone lands on it.
What has the author M Merhav written?
M. Merhav has written: 'Technological dependence, monopoly, and growth'
What is the difference between a geographic monopoly and technological monopoly?
Geographic monopolies occur when there is only one company that offers a particular good or service in an area. Technological monopolies occur when the good or service the company provides is has legal protection in the form of a patent or copyright.
Why are Jews allowed to play monopoly on Shabbat when it requires the usage of fake money?
The question answers itself. We're allowed to play monopoly on Shabbat because the money is fake.
Are Jewish people allowed to play monopoly?
Yes, even on Shabbat.
What technological development allowed for increased cotton production?
in African American history
When is the US federal government allowed to break up businesses?
If the business has no competition and becomes a monopoly.
What is lazy monopoly?
In a "Natural Monopoly" to prevent companies from exploiting their monopolies with high prices, they are regulated by government. Typically, they are allowed a fixed percentage of profit above cost. But this type of regulation can lead to inefficient high costs, since the monopoly is guaranteed a profit. Thus economists call this a "lazy monopoly."
What two types of strategies allowed for monopoly control over an industry?
laissez-faire; hands-off
