Social Studies, 24.08.2019 23:30 lilinicholeb

Use what you have learned about monopolies to complete the following sentences.
monopolies competition in the market.
in a monopoly, a producer controls the market because it is able to meet the demands of all consumers.
in a monopoly, a producer controls the market by the authority of the government, and private production cannot take place.
in a monopoly, a producer controls the market by holding a patent on the process of creating a specific good.

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Answer from: JOIful

Monopolies limits competition in the market.

In a natural monopoly, a producer controls the market because it is able to meet the demands of all consumers.

In a government monopoly, a producer controls the market by the authority of the government, and private production cannot take place.

In a technological monopoly, a producer controls the market by holding a patent on the process of creating a specific good.

Explanation:

natural monopoly: exists due to the high start-up costs or powerful economies of scale of conducting a business in a specific industry. A producer might be the only provider or a product or service in an industry or geographic location.government monopoly: A forced form of market domination whereby a national, regional or local administration, agency or corporation is the sole provider of a particular good or service and competition is prohibited by law. A government monopoly is generally created and run by a government, rather than by a private business. technological monopoly, a producer controls manufacturing methods necessary to produce a certain product, or has exclusive rights over the technology used to manufacture it.

Answer from: 23basu3

Monopolies limits competition in the market.

In a natural monopoly, a producer controls the market because it is able to meet the demands of all consumers.

In a government monopoly, a producer controls the market by the authority of the government, and private production cannot take place.

In a technological monopoly, a producer controls the market by holding a patent on the process of creating a specific good.

A monopoly is when there is only one firm operating in a market. As a result, there is insufficient competition in the market. As a result, price is set by the supplier.

An example of a monopoly is an utility company.

Types of monopolies

Natural monopoly : it occurs due to the high start-up costs or a large economies of scale. Natural monopolies are usually the only company providing a service in a particular region.

Technological monopoly: it occurs when a single firm owns a key means of production or technology required in production.

Government monopoly: it occurs when the government gives a firm the exclusive right to produce a good or service.

To learn more about monopolies, please check: link

Answer from: Quest

The answer is an appellate court.

Answer from: Quest

Americans often speak of their country as one of several large regions. these regions are cultural units rather than governmental units -- formed by history and geography and shaped by the economics, literature and folkways that all the parts of a region share. what makes one region different from another? a region's multicultural heritage as well as distinct demographic characteristics like age and occupation make regions different and special. within several regions, language is used differently and there are strong dialects. there are also differences in outlook and attitude based on geography.

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Use what you have learned about monopolies to complete the following sentences.
monopolies com...