Mircoeconomics

Is it true that monopolies do not exist in our economy? Please explain

  1. 👍 0
  2. 👎 0
  3. 👁 125
asked by Josh
  1. While we no longer have any true monopolies, we do have virtual or near monopolies.

    http://247wallst.com/commodities-metals/2010/11/12/the-next-7-american-monopolies-nflx-siri-lulu-awk-fico-mcp-mon/

    http://247wallst.com/investing/2011/03/22/the-new-generation-of-american-monopolies/

  2. http://www.huffingtonpost.com/2011/03/24/the-new-generation-of-monopolies_n_840234.html

Respond to this Question

First Name

Your Response

Similar Questions

  1. economics

    How would one argue that there is no such things as a natural monopoly? What factor are involved? I would make a case that natural monopolies do not exist base on evaluation of the classic examples of "natural monopolies":

    asked by Michelle on July 24, 2005
  2. economy

    What role do competitive markets, monopolies, and oligopolies play in an economy

    asked by shon on August 22, 2010
  3. marketing

    Consider competitive markets, monopolies, and oligopolies. What role does each of these play in an economy?

    asked by sam on December 5, 2009
  4. U.S. History

    Which is the best explanation of how J.P. Morgan is noted to have thwarted the financial crisis in the early 1900s? A His businesses had a positive effect on the US economy. B. He became the President of the United States and

    asked by JeremyL on November 16, 2018
  5. Math

    Does there exist a fraction(s) m/n for which it is true that m/n= (m+b)/(n+b) ? If so, for which fraction(s). If not, explain why. Remember, if you say that such a fraction does exist, simply offering one example will not suffice

    asked by Melissa Bell on December 10, 2016
  1. Math

    Bayes' theorem problem, Struggling with this the whole night, please help.Thank you. Two states of nature exist for a particular situation: a good economy and a poor economy. An economic study may be performed to obtain more

    asked by Queenie on July 4, 2016
  2. 6th Grade Civil War History

    These are all true or false questions: The Civil War Greatly increased the power of the Federal Government. I think that is false but I'm not sure . . . As a result of the war, the South's economy boomed, while the economy of the

    asked by Mary-Grace on September 2, 2009
  3. crithical thinking

    Critical Analysis Forms Fill out one form for each source. Source 1 Title and Citation: 1 Identify the principal issue presented by the source. 2 Identify any examples of bias presented by the author. If none exist, explain how

    asked by monica on May 25, 2009
  4. Math (easy question)

    Given the function f(x) = 1/(sqrt x) a. Does f(x) exist at x=0? b. Does f'(x) exist at x=0? c. Explain why integral (from 0->1) f(x)dx does exist. THANK YOU.

    asked by AJ on July 23, 2010
  5. History

    Social Darwinists believed that the federal government should not regulate corporations & monopolies because it was only "natural" that only the most "fit" corporations would survive and grow (even if they used illegal trusts and

    asked by TayB on February 25, 2015

More Similar Questions