Where is the most cost efficient to be run by one company

Reference no: EM13201298

In a traditional monopoly, all or most sales are in a market are undertaken one company. In a natural monopoly, the cost-technology of an industry where is most cost efficient to be run by one company and a good example of this would be public utilities, therefore society in this case would benefit from natural monopolies. Traditional monopolies are illegal because they eliminate competitive pricing because if one firm controls an entire industry they could set there own prices with no competitors.

Reference no: EM13201298

Questions Cloud

Define what is the farmer''s breakeven point in dollars : what is the farmer's breakeven point in units (pounds) now? What is the farmer's breakeven point in dollars?

Compute what is the farmer''s breakeven point in units : What is the farmer's breakeven point in units (pounds) under the old system? What is the farmer's breakeven point in dollars?

Determine the incentives to produce and price the product : What is the difference between a traditional monopoly and a natural monopoly. Include the following points Identify the incentives to produce and price the product for a traditional monopoly and natural monopoly.

Why a natural monopoly is caused by entry prices being high : A natural monopoly is caused by entry prices being high while operational prices are low. In order for company B to get into the market for processors they have to endure high initial costs which would be where most will flounder.

Where is the most cost efficient to be run by one company : In a traditional monopoly, all or most sales are in a market are undertaken one company. In a natural monopoly, the cost-technology of an industry where is is most cost efficient to be run by one company and a good example of this would be public ..

Compute the new volume in cubic centimeters : Decreasing cube. Each of the three dimensions of a cube with sides of length s centimeters is decreased by a whole number of centimeters. The new volume in cubic centimeters is given by V(s) =s^3 - 13s^2+ 54s -72.

Execute cash box some bills are one dollars bills : cash box some bills are one dollars bills and the rest are five dollars bills. the total amount in the cash box is $50 find the number of each type of bill in the cash box

Are cdhps more geared toward the healthier population : Are CDHPs more geared toward the healthier and younger population Are they effective for patients with chronic illnesses Will they discourage the use preventative care and cause increase healthcare costs in the future

Calculate the unit normal vector : compute the unit normal vector and the curl of F as well as the value of the integral

User Account

All Pages