Discussion Questions

Monopolies1 . Higher education cannot be considered as a rude(a) monopoly in these countries because the monopoly condition is a result of government discourse . The free market and the prevailing conditions did not make it so that only a single firm is able to practice the needs for higher education - there is only a single source for higher education due to its empowerment . Higher education in these countries is better grouped with level-headed and government granted monopoliesFor me , all the three things can be considered as large fixed costs . The cost of acquiring competency may not be that large provided it will take significant investments in time to be able to establish a large enough university faculty . The new university will have to part by piece steal faculty from other universities over years . For GM , machinery is simply expensive .

I don t think point GM has enough free resources to create their production readiness from scratch if the need arose . For pharmaceutical companies , the major investment would be in research Time is again of the essence as many pharmaceutical products are patented and the new confederation cannot simply go direct to manufacturing There would be a lot of m one(a)tary and time investments before these companies can get down to earn a profit2 . Based on the fact that crossbreeding was not able to hold on to its monopoly due to variant by equally sized competition , the market is best described as perfect competition . Regulation is one market condition which makes...If you want to get a all-embracing essay, order it on our website: Orderessay

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