Monopoly Power
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Monopoly Power
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Narrado por:
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Emily Sophie Knapp
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De:
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iMinds
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Learn about Monopoly Power with iMinds Money's insightful fast knowledge series. Monopoly power is the ability of the dominant participant in a market to control prices. It is a sign of market failure and a major factor in antitrust investigations. Capitalist economic markets rely on competition to operate efficiently and to protect consumer welfare. When a single company controls the prices within a market, the economic welfare of the consumer is often at stake. An ideal market in economics occurs when there is perfect competition. In this scenario, there are no or few barriers to market entry and the goods being sold are largely the same. There are also many buyers and sellers who share knowledge of the price, quality and availability of these goods. Under these conditions, all market participants would act in ways beneficial to the other. The market would function efficiently, promoting economic growth and ensuring consumer welfare.iMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.
iMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.
iMinds unique fast-learning modules as seen in the Financial Times, Wired, Vogue, Robb Report, Sky News, LA Times, Mashable and many others... the future of general knowledge acquisition.
©2010 iMinds Pty Ltd (P)2010 iMinds Pty LtdLos oyentes también disfrutaron...
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Reseñas de la Crítica
Lo que los oyentes dicen sobre Monopoly Power
Calificaciones medias de los clientesReseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.
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Total5 out of 5 stars
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Ejecución5 out of 5 stars
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Historia5 out of 5 stars
- Alvin McKenzie
- 09-06-21
Good Short Listen!
Explains the Meaning of Monopoly Power and its Benefits and Downfalls! Good Listen for all those who want to Learn about Monopoly Power!
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Total5 out of 5 stars
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Ejecución5 out of 5 stars
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Historia5 out of 5 stars
- Here4Quality
- 04-22-23
Short & Concise
No fluff. Straight to the point. While I wish it was a little longer with that cliff hanger ending, it served its purpose to inform about the power of monopoly.
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Total4 out of 5 stars
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Ejecución5 out of 5 stars
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Historia4 out of 5 stars
- Kindle Customer
- 09-09-20
Short but informative
This is a very short article but fairly informative for anyone wishing to know more about monopolies and the legality of them.
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Total1 out of 5 stars
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Ejecución4 out of 5 stars
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Historia2 out of 5 stars
- Kenneth
- 11-13-11
Encyclopedia Entry
I ordered this by mistake. On the older web site it was easier to confuse 8 minutes with 8 hours. This is 1 page essay that reads like an encyclopedia entry on the monopoly power. Fortunately I didn’t waste a whole credit on it, just 69 cents
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