Презентация на тему A monopoly is a market envir onment where there is only one provider of a certain economic good or service

Содержание

2. WHAT IT IS: A monopoly is a market environment where there
3. HOW IT WORKS (EXAMPLE): For a true monopoly to
4. WHY IT MATTERS: In a free enterprise
5. However, in a monopolistic environment, a single
6. Скачать презентацию
7. Похожие презентации

WHAT IT IS: A monopoly is a market environment where there is only one provider of a certain economic good or service.

Главная
Бизнес и предпринимательство
A monopoly is a market envir onment where there is only one provider of a certain economic good or service

WHAT IT IS: A monopoly is a market environment where there is only one provider of

HOW IT WORKS (EXAMPLE): For a true monopoly to be in effect, each of

WHY IT MATTERS: In a free enterprise system, prices are largely determined

However, in a monopolistic environment, a single company or provider has absolute

A monopoly is a market envir onment where there is only one provider of a certain economic good or service

Слайды презентации

Слайд 2

WHAT IT IS:
A monopoly is a market environment where there is only

WHAT IT IS: A monopoly is a market environment where there is only one provider

one provider of a certain economic good or service.

Слайд 3

HOW IT WORKS (EXAMPLE):
For a true monopoly to be in

HOW IT WORKS (EXAMPLE): For a true monopoly to be in effect, each

effect, each of the following characteristics would typically be

evident:
1.A sole provider of a viable product or service.
2.A lack of any close substitutes for consumers to choose from.
3.High barriers to dissuade the entry of any potential competitors.

Слайд 4
WHY IT MATTERS:
In a free enterprise system, prices

WHY IT MATTERS: In a free enterprise system, prices are largely

are largely determined by the competing market forces of supply and

demand. Buyers and sellers both exert an influence over prices, and this eventually results in a state of equilibrium.

Слайд 5

However, in a monopolistic environment, a single company

However, in a monopolistic environment, a single company or provider has

or provider has absolute control over the supply that

is released into the market, giving that particular provider the ability to dictate prices. In the absence of any competition, the lone seller is free to keep prices artificially high, without fear of being undercut by another provider. Obviously, such a scenario is usually highly unfavorable for consumers, as it gives them no recourse to seek alternatives that might force prices lower.