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Q. Illustrate the sources of monopoly?
Merger for Large-scale Production: Thirdly monopoly undertaking can be a consequence of the necessity to produce on a large scale to decrease costs. Existing small firms may merge into a big firm or may not survive in long period. It's only when there is single firm in such a situation which costs are greatly decreased because of the economies of large-scale production.
Rival Firms Eliminated: Fourthly, unfair means and pressure tactics by a giant firm may result in elimination of rival firms from industry to secure sole position of a giant firm.
Fandem Technology manufactures two products using a joint process. The cost of materials going into the joint process for a typical period is $55,000, while labour and overhead to
Demand-pull inflation is when aggregate demand exceeds the value of output (measured in constant prices) at full employment. The excess demand of goods and services cannot be met
The concept of point elasticity is applicable where change in price and the resulting change in quantity are infinite or small. Though, where change in price and consequent hunger
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No new substitutes for the commodity If some new substitutes for a commodity appear in the market, its demand normally declines. This is quite natural, since with the availabil
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How will you influence people to strive willingly for group objective in your organization (target based industry)? Apply your interpersonal influence through communication process
asumption and limitation of increemrntal,oppurtunity cost
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