Monopoly-its effect on society

Reference no: EM1370578

Details: There're many different kinds of monopolies which exist in the market. you're going to talk about the different kind of monopolies, their place in the market, and their effect on society. please describe the following:

- Define a monopoly.

- Find two examples of monopolies and they cannot be the same type of monopoly (no choosing two government monopolies for example).

- Briefly describe what makes your examples a monopoly.

- How did they become a monopoly?

- What effect does that monopoly have on the market?

- What effect does that monopoly have on society, if any?

Reference no: EM1370578

Questions Cloud

Phases of the business cycle : Determine the four phases of the business cycle? How long do business cycles last and how do seasonal variations and long-run trends complicate measurement of businrss cycle?

Program to determines and print all prime numbers : Use this function in program which determines and prints all prime numbers between 2 and 10,000. How many of these numbers do you actually have to test before being sure that you have found all primes?

Explain what aspects of the environment support : Explain What aspects of the environment support this structure and Are there any aspects of the internal or external environment that currently or in the near future push for changes in university structures?

Cutthroat competition, oligopoly and collective bargaining : Describe the cutthroat competitors reasons for not raising or lowering his price, thereby accounting for the kink in his demand curve.

Monopoly-its effect on society : There're many different kinds of monopolies which exist in the market. you're going to talk about the different kind of monopolies, their place in the market, and their effect on society. please describe the following:

Explain prudent policy to protect datafrom corruption-theft : The opposing require to protect this data (from corruption and theft) which typically means controlling access to much/all of the data? What policy is prudent here?

Define what leadership does to promote social responsibility : Explain what leadership does to promote social responsibility and how this ties to ethics and the organizational culture of the company.

Find the growth rate of total factor productivity : Assume labor's share of GDP is 70% and capital's is 30%, real GDP is growing at a rate of 4 percent a year, the labor force is growing at 2 percent, and the capital stock is growing at 3%.

Find mean or median salaries statistic : Which statistic would this company's labor union representative be most likely to cite during contract negotiations and why? Which statistic would the company president most likely report at the annual shareholders' meeting and why?

User Account

All Pages