Biology

Biology, 20.07.2019 23:00, Jana1517

"which of these contributes to the existence of monopoly power? " a. the control of critical resources b. legal barriers c. patents d. all of the above contribute to the existence of monopoly power.

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Business, 23.06.2019 15:00, dude5522

"in the electricity industry, low average total costs are obtained only through large-scale production. in other words, the initial cost of setting up all the necessary wiring makes it risky and, most likely, unprofitable for competitors to enter the market. throughout much of the 20th century, many people viewed south africaâ€™s de beers group as a monopoly because it controlled a large percentage of diamond production and sales. patents are granted to inventors of a product or process for a certain number of years. the reason for this is to encourage innovation in the economy. without the existence of patents, it is argued, research and development for improved electronics is unlikely to take place, since thereâ€™s nothing preventing another firm from stealing the idea, copying the product, and producing it without incurring the devel opment costs."which of the following best explains the barriers to entry that exist in this scenario? increasing returns to scale legal barriers exclusive ownership of a necessary resource

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Business, 26.07.2019 22:00, emmaraeschool

Which barrier to entry results in the creation of a natural monopoly? legal barriers like government franchises. economies of scale. ownership of a vital resource. patents and copyrights?

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Business, 30.10.2019 00:31, derricuswhite

To maintain a monopoly, there must be barriers to entry. barriers to entry include of resources without close substitutes; of scale; legally required licenses, franchises, and certificates of convenience; patents; tariffs; and safety and quality regulations. ownership; economies ( true or false )

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Business, 07.11.2019 20:31, selena827

Amonopoly, unlike a perfectly competitive firm, has some market power. thus, it can raise its price, within limits, without quantity demanded falling to zero. the main way monopolies retain their market power is through barriers to entry, which prevent other companies from entering monopolized markets and competing for customers. consider the market for computer technology. patents are granted to inventors of products or processes for a certain number of years to encourage innovation. without patents, research and development needed to improve computer technology are unlikely to occur, as nothing would then prevent other firms from stealing ideas and copying products. which of the following best explains the barriers to entry that exist in this scenario? exclusive ownership of a necessary resource legal barriers increasing returns to scale

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