Benefits of Monopolies?

Benefits of Monopolies? Topic: Natural high essays
July 19, 2019 / By Brianna
Question: Can you name ANY AND ALL the benefits you can think of that there are for monopolies? **Don't tell me there aren't any, I don't need you OPINION, I just need facts** Thank you everyone!! But I already have most of that in my essay, I was wondering if there is anything else, I would like to be as thorough as possible in my essay, once again, thank you everyone!
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Best Answers: Benefits of Monopolies?

Alexis Alexis | 3 days ago
It depends on your approach. From the monopolist points of view the benefits are, holding 100% of the market, the ability to have a great influence on price and of course, no competition. From the market point of view it depends, if it's a natural monopoly (one that arose from outperforming it's competition or providing a product or service that no one else could) the benefits are higher quality and more experience than it's potential competitors or substitutes. If it is a government granted monopoly, there are no benefits for the market, only for the monopolist. Otherwise the government wouldn't have to enforce the monopoly because the market itself would've favor that particular business.Government granted monopolies are in most cases inefficient and expensive and basically resource wasteful.
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We found more questions related to the topic: Natural high essays

Alexis Originally Answered: Where can I find previous studies on Monopolies and Competition that I can review?
Many years ago AT&T was forced to split off a bunch of subsidiary telephone companies. The vourts ruled that they were a monopoly. Microsoft successfully defended a similar alleggation a few years ago. I hope this helps.

Tylar Tylar
A Monopoly is good when it needs to be like electric. It makes the world better because if there were 800 electric companies in NY City the wires would be terrible. As long as a monopoly is regulated it can have benefits. If a monopoly goes unregulated it can be problematic like what happened with Southern Bell Phone Company and Rockefeller Oil.
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Rickie Rickie
A monopoly is beneficial to the people in the community who won't be losing their jobs, but only for a short period of time. This monopoly will help create lower prices at one super market, such as Wal-Mart. This, however, will put the other businesses around the area out of business. People can be buying things from Wal-Mart for a cheap price at this time, but once a good amount of the businesses around the area shut down, the prices at Wal-Mart go up. The only people this benefits are the workers and employees of the supermarket (Wal-Mart, in this case), and it's owners.
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Merlyn Merlyn
This Site Might Help You. RE: Benefits of Monopolies? Can you name ANY AND ALL the benefits you can think of that there are for monopolies? **Don't tell me there aren't any, I don't need you OPINION, I just need facts**
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Hi, NO!! WRONG!!! Call DSHS and talk to any worker. Is her name on the card? Also, check the laws for emancipation in your state. You could be granted early emancipation rights in order to receive state or federal assistance for yourself and your child. That is done by the court with specific guidelines and requirements that need to be adhered to. Being pregnant DOES NOT constitute legal age or emancipation status. Having a child does not emancipate a person. Pregnancy does not confer emancipation status to a minor. You can however, file for emancipation status to become eligible for public assistance for yourself and your child if it is needed. Contact the Clerk of Courts in your area, in person if possible, and they can assist you. It does not cost you anything to go this route. It only gives you the rights to get assistance in your name for you and your child's needs. Your grandmother can apply for FIP for you and that would be her money to use for housing, electric bills, etc. But, it is also for your needs....if you live with her and, in some states only if she is the guardian. Any money you receive in benefits for you and the child is YOURS!! Have you applied for WIC? If not, talk to your case worker and get the information. WIC works with you and has a TON of things they do for you and the child until the child reaches the age of around 5, I believe. Their services are free. Also, see what other services DHS can offer you like parenting, infant care etc. They have numerous services and so does WIC. If you need any further resources, you can contact me through my profile here on Answers. JOSA

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