You can find the mines for tanzanite (a blue-purple gemstone) only in Tanzania, but they are owned by the local government. Given that no one is allowed into the mines without government permission, the market structure for tanzanite highly resembles that of a monopoly. At the national level, the Federal Communications Commission licenses only a certain number of radio and television stations in each geographic area. In the electricity industry, low average total costs are obtained only through large-scale production. In other words, the initial cost of setting up all the necessary wiring makes it risky and, most likely, unprofitable for competitors to enter the market.
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Business, 22.06.2019 01:30
Iam trying to get more members on my blog. how do i do this?
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Business, 22.06.2019 08:30
What is the equity method balance in the investment in lindman account at the end of 2018?
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Business, 22.06.2019 08:40
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
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You can find the mines for tanzanite (a blue-purple gemstone) only in Tanzania, but they are owned b...
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