You have new items in your feed. Click to view.
Question and answer
__________________ occurs when a country has a monopoly on producing a product or is able to produce it at a cost below that of all other countries.
Monopolies are thus characterized by a lack of economic competition to produce the good or service and a lack of viable substitute goods.[2] The verb "monopolize" refers to the process by which a company gains the ability to raise prices or exclude [ competitors. In economics, a monopoly is a single seller. In law, a monopoly is business entity that has significant market power, that is, the
power, to charge high prices.[3] Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market).[4] ]
Expert answered|AwesomeGuy200|Points 578|
Question
Asked 5/27/2012 8:27:00 PM
Updated 3/10/2014 4:06:35 AM
1 Answer/Comment
Get an answer
New answers
Rating
0
Absolute Advantage occurs when a country has a monopoly on producing a product or is able to produce it at a cost below that of all other countries.



Added 3/10/2014 4:06:35 AM
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
occurs when a country has a monopoly on producing a product or is able to produce it at a cost below that of all other countries.
Weegy: Monopolies are thus characterized by a lack of economic competition to produce the good or service and a lack of viable substitute goods.[2] The verb "monopolize" refers to the process by which a company gains the ability to raise prices or exclude [ competitors. In economics, a monopoly is a single seller. In law, a monopoly is business entity that has significant market power, that is, the power, to charge high prices.[3] Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market).[4] ] User: (TCO 3) __________________ occurs when a country has a monopoly on producing a product or is able to produce it at a cost below that of all other countries. (Points : 5) Weegy: absolute advantage (More)
Question
Expert Answered
Asked 5/27/2012 8:33:33 PM
0 Answers/Comments
(TCO 3) A key feature of a(n) _________ is that it has manufacturing capacity or some other physical presence in different nations. (Points : 5)
Question
Not Answered
Updated 2/27/2014 5:40:41 AM
1 Answer/Comment
A key feature of a(n) MULTINATIONAL CORPORATION is that it has manufacturing capacity or some other physical presence in different nations.
Added 2/27/2014 5:40:41 AM
This answer has been confirmed as correct, not copied, and helpful.
Increased participation in small business exporting owes credit to _________.
Weegy: growing global economy. (More)
Question
Expert Answered
Asked 5/27/2012 9:19:10 PM
0 Answers/Comments
26,571,052 questions answered
Popular Conversations
Which of the following technologies was NOT created during World War ...
Weegy: B. antibiotics User: Which of the following terms could be applied to the United States during the Cold ...
12/5/2016 2:17:21 PM| 2 Answers
What was the first major conflict of the Cold War? A. the Korean ...
Weegy: The Berlin Blockade was the first major conflict of the Cold War. User: What was the official U.S. policy ...
12/5/2016 2:31:40 PM| 2 Answers
Liu Bang s great grandson, _____ reigned longer than any other Han ...
Weegy: A. Xiang Yu
12/5/2016 7:06:10 PM| 2 Answers
Weegy Stuff
S
P
Points 178 [Total 450] Ratings 1 Comments 168 Invitations 0 Offline
S
Points 51 [Total 51] Ratings 0 Comments 51 Invitations 0 Offline
S
P
P
Points 39 [Total 718] Ratings 0 Comments 39 Invitations 0 Offline
S
P
Points 34 [Total 466] Ratings 0 Comments 34 Invitations 0 Offline
S
Points 16 [Total 292] Ratings 0 Comments 16 Invitations 0 Offline
S
Points 16 [Total 38] Ratings 0 Comments 6 Invitations 1 Offline
S
Points 8 [Total 8] Ratings 0 Comments 8 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
S
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.