temporary monopoly

Related BrainMass Solutions

• Temporary monopolies for Intelectual property rights

  A temporary monopoly gives the producer a chance to regain these costs. If we did not allow intellectual proper rights that create a temporary monopoly, creativity could be weakened.

• Intellectual Property: allow monopolies, differences to patents and copyrights

  The allowing of temporary monopolies is a subject for debate because intellectual property is a delicate a subject.

• Understanding the Monopolists Market Structure.

  From the governments perspective a temporary monopoly on a drug creates an incentive to invest the R&D dollars toward development.

• Basic Characteristics of Market Structures

  Strategic pricing prevents entry of new firms because prices are set artificially low temporary, until the threat of entry has pasted. Legal barriers such as patents prevent rivals from entering because legal action will be taken against them.

• Imperfect Competition Structures

  The special patient gives me temporary monopoly right so that I earn a higher profit and recoup my research & development investment (4). If all patient licenses expire, then firms will not invest in research and development.

• Monopoly, Oligopoly, Competition, Innovation, and Profits

  Here are some suggestions for these questions: DQ #1: In monopoly and oligopoly industries, barriers to entry allow long-run economic profits.

• market manipulation

  At the same time, however, my actions most likely would spur others to get into the water business, thus destroying my monopoly.

• Technological and Market Factors Commercialization Process

  The producer of the drug commodity is however provided with a chance of fighting by the temporary monopoly to ensure that the costs available are re coupon so that some money could be created for spending on research.

• Who killed the electric car?

  Successful innovation is normally a source of temporary market power, eroding the profits and position of old firms, yet ultimately succumbing to the pressure of new inventions commercialised by competing entrants.