temporary monopoly
Not what you're looking for?
Name some areas of business in the US (or world) where the prevailing market structures have changed dramatically in the past twenty years and discuss the direction of the change and why (e.g. decreasing govt legislation leading to more monopolistic competition or new technologies leading to a temporary monopoly).
Purchase this Solution
Solution Summary
A temporary monopoly is overviewed.
Solution Preview
It used to be that telephone and tv cable operators enjoyed a monopoly in their respective areas. They tended to own the infrastructure, which was costly to set up, constituting a barrier to entry and in any case recreatnig the infrastructure was considered like a waste of societal resources ...
Purchase this Solution
Free BrainMass Quizzes
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.