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What is the difference between a geographic monopoly and technological monopoly?
Wiki User
∙ 10y ago
Geographic monopolies occur when there is only one company that offers a particular good or service in an area. Technological monopolies occur when the good or service the company provides is has legal protection in the form of a patent or copyright.
Wiki User
∙ 10y ago
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What is the difference between the term 'monopoly' and 'natural monopoly'?
The difference between the term 'monopoly' and 'natural monopoly' is a monopoly is a market situation one group controls the availability and price of a service or item. A natural monopoly is a service or item that is provided by a single sorce. An example would be transportation like buses, or taxies.
What conditions does competition occur?
What is the difference between perfect competition and pure monopoly
One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where?
perfectly competitive industry become a monopoly， what changes
What best states the main difference between a monopoly and pure competition?
A monopoly involves no competition at all while pure competition involves a high level of competition.
What best states the main difference between monopoly and pure competition?
A monopoly involves no competition at all while pure competition involves a high level of competition.
What is the difference between the term 'monopoly' and 'natural monopoly'?
The difference between the term 'monopoly' and 'natural monopoly' is a monopoly is a market situation one group controls the availability and price of a service or item. A natural monopoly is a service or item that is provided by a single sorce. An example would be transportation like buses, or taxies.
What is the difference between geographic region and geographic location?
D-Generation x
What is the difference between being a monopoly and attempting to become a monopoly?
Being a monopoly is to run the buissness but attemting is to be trying to get one but not have one
What is the difference between National Geographic Generation Kit and Ancestry.com's ancestry kit?
What is the difference between National Geographic Generation Kit and Ancestry.com's ancestry kit?
What is the difference between dual core processor and duo processor?
There is no technological difference but the only difference should be how it is phrased
What conditions does competition occur?
What is the difference between perfect competition and pure monopoly
What is the difference between technology and technological change?
The difference between technology and technological change is that one is a process and one is a change in that process. Technology takes something that is input and makes it output. A technological change involves taking that technology and tinkering with it to change the output levels.
The difference between Southern US and North US?
Geographic position?
What is the difference between a political map and a geographic map?
The difference is that their spelt different and they really do look different
One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where -?
perfectly competitive industry become a monopoly， what changes
One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where?
perfectly competitive industry become a monopoly， what changes
In monopoly what is the difference in price between the least expensive price and the most expensive price?
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