Question 9.9  Natural monopolies result from                 patents and copyrights.        pricing strategies.        extensive economies of scale in production.        control over an essential natural resource.

Q: Question 6: Monopoly Monopolies may be able to maintain a profit in the long-run by setting their…

A: We are going to discuss the difference between socially efficient and monopoly profit maximization…

Q: Which of the following are true for Trademarks? Trademarks have lifetime validity O Trademarks give…

A: Your selected answer is wrong because the copyright act is a different act and the trademark act is…

Q: Monopolies cause a lot of deadweight losses. Describe way through which policy makers can respond to…

A: Government regulate monopolies by using the following : Price capping – limiting price increases…

Q: 1- competitive market: 2-monopoly : 3-monopolistic competition : 4-oligopoly

A: An example of competitive market could be the agricultural produce in a region. In countries like…

Q: Anti-combine, or​ anti-trust, laws Part 2   A. make it easier for businesses to combine to form…

A: Monopolies are sometimes created by firms in the industries to control the market output. This…

Q: in capitalism what does competition do for the consumer   A.It limits the number Of choices…

A: In economics, capitalism is free market economy where there is no restrictions on entry and exit of…

Q: A water company is a good example of a(n) _____. a.  geographic monopoly b.  natural monopoly c.…

A: Monopoly: - monopoly market structure is the structure in which there is only one seller of any good…

Q: Based on the literature ,demonstrate the differences between free competition and monopoly.  Refer…

A: "Market structures" relate to the various market factors that affect how sellers interact with one…

Q: which of the following can create a monopoly I.  high prices II. public franchise III. patent…

A: monopoly refers to a market structure in which there is only a single seller of a commodity. The…

Q: Another solution for antibiotic resistance is the development of new drugs that defeat resistant…

A: A concentrated  industry generally has few large companies with high market shares. These type of…

Q: explain your understanding of monopolies' impact on consumer welfare and how policies towards…

A: Monopoly refers to the type of market or industry in which the whole market is controlled by a…

Q: is an organization created a formal agreement between a group of producers of a good or service, to…

A: Cartel is an organization created a formal agreement between a group of producers of a good or…

Q: Answer all the questions: Identify the market structure that is characterized by a single seller…

A: 1) The term monopoly is made up of two words: "Mono" and "Poly". Mono denotes a single Poly denotes…

Q: Calculate the efficiency loss in an unregulated market with marginal benefits 90 – 0.25q, marginal…

A: Unregulated market equilibrium: Obtained at the quantity where demand = supply or where Marginal…

Q: Give possible reasons for the poor performance of the monopolies

A: Monopoly: - monopoly market structure is the structure in which there is only one seller of any good…

Q: Q)Monopolies are mainly the result of Government intervention and can be regarded as a market…

A: The government of a country generally intervenes in the market because of the disequilibrium, the…

Q: true or false In the case of natural monopolies, economists argue that production is more efficient…

A: Answer to the question is as follows:

Q: Question:What market structure has a TR that is equal to the 45 degree line? -pure -monopoly…

A: Perfect competition is the market structure where there are many sellers in the market with each…

Q: The invisible hand refers to the Multiple Choice tendency of monopolistic sellers to raise prices…

A: Adam smith is a Scottish economist, he wrote about an invisible hand in his writings during the…

Q: Why does the government regulate natural monopolies

A: Monopolies are the market structure where there is only a single seller of a unique good. There are…

Q: Which of the following types of intellectual property is valid for up to 20 years and can not be…

A: Answer: Patent, Copyright, and Trademark are the three legal rights to protect the intellectual…

Q: Fill in the table and use your answers to the questions to figure out which market type each…

A: Market structure is described as the situation where various industries are differentiated and…

Q: Monopolies can maintain economic profits in the short and long run because of barriers to entry…

A: 1. Monopolistic competition is a market structure where large number of sellers exists to produce…

Q: Government regulations that prevent two firms from merging to become a monopoly address which type…

A: Private goods:- Private goods are products whose possession is limited to the organisation or…

Q: In Monopoly at various output levels

A: To find : What is various output levels in monopoly.

Q: Discuss the economic factors that lead to the development of monopolies. Examples of monopolies…

A: Monopoly is defined as a market structure in which there is only a single seller of the good or…

Q: What is the patent system intended to do? reward innovators by granting them temporary monopolies…

A: Patent system provides you an authority of owning a property or thing or service.

Q: Scenario Use the following information to answer questions 16-19. The graph below shows the market…

A: Monopoly market:- A marketplace is said to be monopoly if just one business is allowed to offer…

Q: QUESTION 5 • Compare and contrast the following market structures: Perfect Competition and Monopoly.…

A: A) Perfect competition v/s Monopoly Market Structure  Perfect competition Perfect competition…

Q: Which of the following is not considered a barrier to entry? Economies of scale Patents Control of a…

A: Economies of scale refers to proportionate saving in costs gained by an increased level of…

Q: Question 3 Which of the following is not an example of a barrier to entry? Group of answer choices…

A: Barriers to entry are defined as factors that can prevent new firms to enter the industry to limit…

Q: explain why you agree or disagree with the following statements: a. "all monopolies are created by…

A: Monopoly: This market has a single seller with no competitors.

Q: Many firms that sell in small markets are effectively monopolies; they are the sole provider of a…

A: A market is a place where the buyers and the sellers interacts with each other and the exchange of…

Q: Name and describe the Five Sources of Market Power.

A: Market power is defined as the ability of a firm (or group of firms) that can raise and maintain…

Q: Why and how do governments regulate natural monopolies? Examine the strengths and weaknesses of…

A: Why and how do governments regulate natural monopolies:   On account of natural monopolies, market…

Q: Monopolies can maintain economic profits in the short and long run because of barriers to entry…

A: In a monopolistic competitive market, there is a number of sellers, selling similar but not…

Q: Why government sometimes protect monopolies from competition?

A: Introduction Monopoly. It refers to the Market where only single seller and many numbers of buyers.

Q: the presence of competition in free markets and why A)is undesirable because it results in…

A: A free market is a place with no government intervention and people make their decision based on…

Q: true or false Natural monopolies are regulated by government agencies.

A: The monopoly is the type of market structure where there are large number of buyers but there is…

Q: Patents restrict competing firms from copying new technologies and are therefore a barrier to entry.…

A: Patent protection acts as an incentive for the firms to make billions of dollars worth of…

Q: According to Jeremy Smith, ____ is important for media industries because it ensures the ownership…

A: Hi Student, thanks for posting the question. As per the guideline we are providing answers for the…