Can you take a debt in monopoly?
What is a lazy monopoly?
Lack of incentive to innovate: Big monopolies can become lazy. The lack of competition means that they can reduce the quality of their goods to make more profit, or limit the amount of research and development because consumers have nowhere else to go.
2024-01-06 13:43:52
Is apple a pure monopoly?
So, getting back to the main question, we can say, that Apple belongs to the monopoly market structure. It has advantages over market competition since can control sufficiently so that it does not harm it.
2024-01-04 23:01:23
What is a normal monopoly example?
Types of Natural Monopolies
For example, the utility industry is a natural monopoly. The utility monopolies provide water, sewer services, electricity transmission, and energy distribution such as retail natural gas transmission to cities and towns across the country.
2023-10-03 07:42:21
Is electricity a pure monopoly?
An electric company is a classic example of a natural monopoly. Once the gargantuan fixed costs involved with power generation and power lines is payed, each additional unit of electricity costs very little; the more units sold, the more the fixed costs can be spread, creating a reasonable price for the consumer.
2023-03-02 07:09:54
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