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As there are natural monopoly market situations it is in the public interestto permit monopolies, but traditionally in the United States they are regulated with respect to price. The purpose of the rate regulation was to make sure that the public would not suffer price gouging as a result of the monopoly position of the firms. Some examples of regulated natural monopolies are electric utilities, cable TV companies, and telephone companies (local).
Explain about the money metric utility functions. The Money Metric Utility Functions: It is a nice construction including the expenditure function which comes up into a vari
how can I execute this topic in new way of teaching? That will focus on activity base and art of questioning that will answer by the students?
What is Economics Trade Analysis?
How has the haberler''s theory of opportunity cost been an improvement over the classical theory of trade
why the PPC curve slopes downward?
explain how the keynesian cross shows that the economy is susceptible to self-fulfilling prophesies, either positive or negative
Economic profit and Economic loss: Economic profit is the excess if total revenue over total cost when the latter includes both explicit and implicit costs. It is the type o
Measures used to restrict International Trade: These are taxes imposed on traded commodities as they cross national boarders. These are two main types of tariffs. An import ta
What is the difference between houehold and consumers?
Environmental Scan SWOT analysis: SWOT analysis will help to describe about the strengths, weakness, opportunities as well as threats. This is the strategic planning method
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