Survival myths, a.k.a. urban (wilderness) legends are popular beliefs shared with friends that are usually very wrong. Let’s continue with myths 46-48 Myth 46: If trouble finds you in the wild, you will be instantly brought to a hospital. In movies and TV series everything works out in the end. Characters might fall from a … Continue reading Survival Myths That Could Possibly Get You Killed 46-48
Welcome to the Survival Series. Survival in this world is a priority for mostly all, and I will bring you different tips to help you along the way. In this Series we will be discussing laundry detergents. Commonly used in many households, but what many consumers fail to even question is the ingredients. Let’s explore … Continue reading Survival Series: Laundry Detergents
A: A monopolistic market is a market structure that has the characteristics of a pure monopoly. A monopoly exists when there is only one supplier of a good or service, but there are many consumers. In a monopolistic market, the monopoly has full control of the market. Since it has total market control, a monopoly sets the … Continue reading What are the Characteristics of a Monopolistic Market?
A: The most extensive and common monopoly markets operate with exclusive licensure, anti-competitive subsidization and/or tariff protection. These include public utilities and TV rights. Until 20th century deregulation, the markets for oil, trucking, postal delivery and air travel operated with monopoly privilege. The Making of a Monopoly Monopoly, as a theoretical economic construct, prevails when barriers to entry exist because one … Continue reading What are Common Examples of Monopolistic Markets?