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by eliminating competition to control prices
What else can I help you with?
What was the situation of the large automobile corporations during the Depression?
Such large profits had been made prior to 1929 that the Depression cutback only curtailed large increases in profits.
What if a corperation is nonprofit?
All non profits are corporations. All corporations are not non profits.
What is the position of supernormal profits for a firm that is a monopoly?
true
Can a corportate be nonprofit?
Yes. Non profits are corporations.
Corporations distribute profits to their owners in the form of?
dividends
How does a monopoly increase a corparations profits?
A monopoly increases a corporation's profits by eliminating competition, allowing the company to set higher prices for its products or services without losing customers. This market power enables the monopoly to maximize its revenues while minimizing costs, as it can produce at a level that optimally balances supply and demand. Additionally, the lack of competitors reduces the need for marketing and innovation, further enhancing profit margins. Overall, monopolies can sustain higher profits over time due to their control over the market.
Can a monopoly earn economic profits in the long run?
Yes
Can a monopoly earn economic profits in the short run?
yes it is
What is the main idea of king monopoly cartoon?
The King Monopoly is gaining all the profits from the laborers' hard work
The two main goals of corporations were to eliminate competitors and?
Increase profits.
How does Berkshire Hathaway work?
Berkshire Hathaway is a holding company which invests in many other companies. They own millions of shares in Nike, Bank of America, Procter&Gamble, and many other corporations. They make money from dividends that those corporations pay, and by increases in those corporations share prices. When they make profits from corporations, Berkshire Hathaway either sells the stock and the invests in other corporations, or they hold they company and purchase more shares in it.
Dividend Payments?
Corporations have shareholders that invest in their business and expect a portion of the business's profits in return. Dividend payments are part of the shareholders' returns for investing in a business. Corporations have a choice to either reinvest their profits in shares, or keep a portion of the profits and paying shareholders dividends.
