Profitable monopolies, The market may function more

Profitable monopolies

Assignment Help International Economics

Reference no: EM1375716

The market may function more efficiently if there is only one manufacturer. Recognize markets where monopolies may profitable, and describe why this is the case. Industries that the government allows monopolies to exist and where they permit and regulate these industries are acceptable.

Reference no: EM1375716

Questions Cloud

Explanayion of business cycles : The United States is currently recovering from its bad recession in over twenty-five years. Using the resource provided in this and earlier modules of course describe what factors

Determine net operating income : During 1998, the Senbet Discount Tire firm had gross sales of $1 million. The company’s cost of goods sold and selling expenses were $300,000 and $200,000, respectively.

Multiple choice economics based questions : The value of good A goes up. As a result the demand for good B shifts to the left. From this we can infer that, Suppose that the current market value is below the market clearing level.

Definition of a perfectly competitive industry : Cammco Industries operates in a large competitive market. While there are some other comapnies in industry due to the high fixed costs of building plants, rival companies are very aggressive in their pricing strategies.

Profitable monopolies : The market may function more efficiently if there is only one manufacturer. Recognize markets where monopolies may profitable, and describe why this is the case.

Monopoly power due to government regulation : Explain a real life situation of a company having type monopoly power that is not due to government regulation. Find the source of their monopoly power and how do they exploit it?

Government role in free market economy : Many people say yes that government's role in free market economy should be limited, the degree of appropriate government involvement is contested.

Theories of supply and demand for regulation : Environmental Protection Agency regulations tend to go by several stages of review and approval before they are implemented.

Analyze the backgrounds and impacts of deregulation wave : Starting in late 1970s and continuing through the 2000s, business environment moved toward relying less on government regulation and more on marketplace to get desired economic targets.

User Account

All Pages