Question

Do monopolies have a place in capitalist markets?

Do monopolies have a place in capitalist markets?

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer : Capitalism give birth to monopolies as when big businesses has been captured by few person which lead to higher price of the product and reduce the free market economy. Free market economy has been vanished with the rise of Capitalism.

  • Monopolist is the form of Capitalism in an economy. It means that charging more price from there customer.
  • Monopolist resulted in the failoure in the market place.
  • Monopolist there is less competition in the market.

These all factors shows that there is a Capitalism in a Monopolistic Economy.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Utility and energy-producing companies in the US are monopolies. Farmer markets are considered competitive markets. explain...
Utility and energy-producing companies in the US are monopolies. Farmer markets are considered competitive markets. explain in details
if we know that Monopolies create a dead weight loss for society, then why do Monopolies...
if we know that Monopolies create a dead weight loss for society, then why do Monopolies exist?  
Do monopolies rip us off? Are monopolies bad for society? If so, what should our government...
Do monopolies rip us off? Are monopolies bad for society? If so, what should our government do about them?
Which of the following is not a difference between monopolies and perfectly competitive markets? Select one:...
Which of the following is not a difference between monopolies and perfectly competitive markets? Select one: a. Monopolies can earn profits in the long run while perfectly competitive firms break even. b. Monopolies charge a price higher than marginal cost while perfectly competitive firms charge a price equal to marginal cost. c. Monopolies choose to produce the quantity at which marginal revenue equals marginal cost while perfectly competitive firms do not. d. Monopolies face downward sloping demand curves while perfectly...
How do monopolies survive in modern day?
How do monopolies survive in modern day?
Often monopolies try to keep their monopoly in place by engaging in Rent-Seeking behavior such as...
Often monopolies try to keep their monopoly in place by engaging in Rent-Seeking behavior such as all of the above erecting barriers to entry in their industry lobbying for more government regulations on their industry to restrict new entrants restricting competition by way of engaging in non-competitive behaviors
9. What is the difference between a market-capitalist economy and a command socialist economy? How do...
9. What is the difference between a market-capitalist economy and a command socialist economy? How do each of the systems in #9 differ from a command capitalist economy.
As a manager of a chain of movie theaters that are monopolies in their respective markets,...
As a manager of a chain of movie theaters that are monopolies in their respective markets, you have noticed much higher demand on weekends than during the week. You therefore conducted a study that has revealed two different demand curves at your movie theaters. On weekends, the inverse demand function is P = 20 – 0.001Q; on weekdays, it is P = 15 – 0.002Q. You acquire legal rights from movie producers to show their films at a cost of...
Why do monopolies provide public utilities such as water and electricity? Briefly, discuss.
Why do monopolies provide public utilities such as water and electricity? Briefly, discuss.
Do you think patent protection can lead to monopolies over a patented good? Is that a...
Do you think patent protection can lead to monopolies over a patented good? Is that a good or a bad thing? pls help
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT