Natural monopoly in these european countries

Assignment Help Microeconomics
Reference no: EM13740379

Most European countries have nationalized their universities and colleges. Consider that some countries have also used the law to ban private colleges. Should higher education be classified as a natural monopoly in these European countries? Explain and justify your answer and use appropriate examples to support your conclusions.

Next, consider the case of several large, established pharmaceutical manufacturers such as Merck. What type of market form do you believe that such manufacturers operate under?

Reference no: EM13740379

Questions Cloud

Determined what the project will entail : In which of the following stages is it determined what the project will entail, when it will be scheduled, whom it will benefit, and what the budget will be
Why might deflation be a problem for an economy : Why might deflation be a problem for an economy and why does the paradox of thrift suggest that government needs to intervene in a recession?
Write reflection paper on bible study and biblical theology : Topics to Consider for the Reflection Paper: Angels, Arminianism, Assurance of Salvation, Attributes of God, Baptism of Holy Spirit, Believer's Glorified Body, Bible Study and Biblical Theology.
Fundamental drawbacks associated with horizontal integration : From e-Activity, determine the fundamental drawbacks associated with horizontal integration. Suggest another corporate-level strategy that could redefine the Southwest business model and thus allow the company to increase its competitive advantage..
Natural monopoly in these european countries : Should higher education be classified as a natural monopoly in these European countries? Explain and justify your answer and use appropriate examples to support your conclusions.
Role and responsibility of a for-profit public company : What is the Role and Responsibility of a For-Profit Public Company, Management Issues and Finance Issues
Relationship between motor vehicles and parts expenditure : Find the equation that shows the relationship between motor vehicles and parts expenditure (PCE) and DPI (insert a linear trendline and show the equation on the scatterplot).
Case study on architecture firm : Dalton, Walton, & Carlton, Inc. is an architecture firm with approximately 250 employees in four cities in a regional area. The main office is in Kansas City, Mo, which houses 100 of the employees. The main office is located in a suburb neighborh..
Integration of project management : Integration of project management with the organization takes place with the Master budget, Strategy plan, Process of managing actual projects

Reviews

Write a Review

Microeconomics Questions & Answers

  How to use pw method to rank-order economic attractiveness

A stem cell research project requires expensive specialized laboratory equipment. For this purpose, three pieces of equipment and their associated cash flows (listed below) are under consideration. One piece of equipment must be selected.

  Government engage in to increase consumption

The economy has been suffering through a recession for over a year and the government is desperate for solutions. Elections are coming up and the current administration is in danger of being replaced if something isn’t done to stimulate the economy f..

  The gulf oil spill from a communications perspective

Critique BP's handling of the Gulf oil spill from a communications perspective. What were their central messages? What were their major challenges?

  Survey respondent in context of a stated preference survey

From the perspective of stated preference methods in general, explain the concept of “consequentiality.” Describe how consequentiality might be conveyed to a survey respondent in the context of a stated preference survey.

  What is the annual and monthly premiums charged

Green Shield has a 25 percent copayment clause, and a loading factor of 65 percent. NEMO will pay 50 percent of the plan costs. What is the annual and monthly premiums charged to the employees of NEMO corporation?

  Firm optimal quantity-price and profit

Find out the firm's optimal quantity, price, and profit (1) by using the profit and the marginal profit equations and (2) by setting MR equal to MC. Also provide a graph of MR and MC.

  1 college education provides higher income for the

1. college education provides higher income for the individual but also a more productive and more educated person who

  How does the fed have goal independence

How does the federal reserve have a high degree of instrument independence? If it has a specific mandate from Congress to achieve "maximum employment and low, stable prices," then how does the Fed have goal independence?

  What is the opportunity cost of replacing him

You are a business owner. You hired a manager one year ago. Now you can either keep him or replace him by yourself. If you fire him, you require compensating him with $ 50,000. And your reduced spare time has a valued of $ 30, 000 to you. If you keep..

  Explain the meaning of monetary neutrality

Explain the meaning of monetary neutrality and illustrate graphically that there is monetary neutrality in the long run in the aggregate demand–aggregate supply model. Be sure to label:

  Strategic behavior oligopolies

An interesting example of strategic behavior comes from the 1997 article regarding Microsoft's investment in Apple (New Straits Times, 1997). The article is included in Required Readings list.

  1 consider the production functionwhere q is total output k

1. consider the production functionwhere q is total output k is the amount of capital used and l is the amount of labor

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd