Re: Accounts Finance Help!!!!!!
no economies like free market etc
Re: Accounts Finance Help!!!
thats so easy 
Re: Accounts Finance Help!!!
I did all that in grade 10 
Re: Accounts Finance Help!!!!!!
i dont know why but we are doing that in grade 12 ok stop making fun voice. can you answer this q if government interferes to reduce monopolies what happens when most of the monopolies are owned by the government
Re: Accounts Finance Help!!!
even i forgot 
Re: Accounts Finance Help!!!
Nothing:smokin:
Re: Accounts Finance Help!!!
go back to the last person to answert his posts wins thread good news 
Re: Accounts Finance Help!!!
In many countries, almost all public utilities operate as monopolies granted by state and local governments. These include electricity, water, sewer, natural gas, cable television, and telephone services. It is believed by some that these services must be provided through legal monopoly because the costs to a nation or economy to have multiple providers is greater than the cost of only having one provider . For example, it is claimed that the cost of running dual water lines to every home in a community would be a waste of resources.
Governments grant legal monopolies in the form of patents, trademarks, and copyrights. Holders of these de jure monopolies enjoy the protection of federal law when marketing or licensing the products and services to which they apply. For example, federal law prohibits the sale of a hamburger called a Big Mac at any establishment other than McDonalds. In other words, McDonalds has a monopoly on the Big Mac. There is competition, however, with substitutes such as the Whopper at Burger King, so there is not a monopoly in hamburgers in general.
Monopolies were among the first business entities the U.S. government attempted to regulate in the public interest. Consolidation of smaller companies into bigger ones enabled some very large corporations to escape market discipline by “fixing” prices or undercutting competitors. Reformers argued that these practices ultimately saddled consumers with higher prices or restricted choices. The Sherman Antitrust Act, passed in 1890, declared that no person or business could monopolize trade or could combine or conspire with someone else to restrict trade. In the early 1900s, the government used the act to break up John D. Rockefeller’s Standard Oil Company and several other large firms that it said had abused their economic power.
In 1914, Congress passed two more laws designed to bolster the Sherman Antitrust Act: the Clayton Antitrust Act and the Federal Trade Commission Act. The Clayton Antitrust Act defined more clearly what constituted illegal restraint of trade. The act outlawed price discrimination that gave certain buyers an advantage over others; forbade agreements in which manufacturers sell only to dealers who agree not to sell a rival manufacturer’s products; and prohibited some types of mergers and other acts that could decrease competition. The Federal Trade Commission Act established a government commission aimed at preventing unfair and anti-competitive business practices.
Re: Accounts Finance Help!!!!!!
^ did u write that? :-|
Re: Accounts Finance Help!!!
*** Kion***
Re: Accounts Finance Help!!!
I don’t think so:smokin2:
Re: Accounts Finance Help!!!
can some1 help me in math 
Re: Accounts Finance Help!!!!!!
what is the question