Disadvantages of Monopoly: • Higher prices and lower output Monopolies often mean that prices will be higher and output lower than is the case for an industry where competition prevails. Firms in one industry are producing under conditions of perfect competition‚ while the other firm is operating under conditions of monopoly. The costs of production are the same for each industry. • Excess profits High profits made by the monopolist are not necessarily an indication of efficient methods
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this question‚ let me begin by defining globalisation. ‘In its literal sense‚ it is the process of transformation of local or regional phenomena into global ones. It can be described as a process by which the people of the world are unified into a single society and function together. This process is a combination of economic‚ technological‚ sociocultural and political forces.’ (Sheila L. Croucher.2004) Globalisation is the trend in the last 30 years and it is know as inevitable because it changes
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Introduction In society today‚ there are numerous reasons or factors as to why there are single vehicle collisions on American roads. Alcohol or substance abuse‚ animals crossing the road‚ and falling asleep at the wheel are just a few examples. There is not a whole that can be done for animal collisions‚ as more often than not the animal jumps out at the last second. But for the single vehicle collisions that do pertain to the car going off the road‚ there are ways to prevent the run off or help
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represents one that is slowly deteoriating and the question is why? One causable factor is the breakdown of the family structure. One reason is that of single – parenting. The socio- economic effects based on research‚ is not only detrimental to the individual but to the society and wider community at large that experiences the phenomenon Single parenthood experienced by citizens in Trinidad may be the caused by many factors. “The dynamic character of the family structure has an impact on a host
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Being Single or Being Married Is it better to be married or single? I suppose this subject is often discussed in today’s world. Couples do not hurry to go to the Registrar’s office. Before swearing an oath before the altar‚ lovers prefer to live in civil marriage. It helps to clear up the needs‚ duties and difficulties. Once my friend’s 9-year-old niece said that «It’s better for girls to be single‚ but not for boys. Boys need somebody to clean up after them». Living the single life can be dramatically
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"My Oedipus Complex" is the story of a young boy named Larry who is forced to confront issues of jealousy and confusion. Larry is forced to confront these issues when his father‚ who he does not know that well‚ comes home from the war. The "Oedipus Complex" is a term coined by Sigmund Freud in which a male develops an excessive love for his mother usually accompanied by a hatred for his father. This is extremely evident throughout the story. "My Oedipus Complex" is the story of a young boy named
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Volume 5 Issue 1 Fall 2011 Article 4 2-24-2012 Academic Achievement of Children in Single Parent Homes: A Critical Review Mark S. Barajas Western Michigan University‚ mark.s.barajas@wmich.edu Follow this and additional works at: http://scholarworks.wmich.edu/hilltopreview Part of the Education Commons Recommended Citation Barajas‚ Mark S. (2011) "Academic Achievement of Children in Single Parent Homes: A Critical Review‚" The Hilltop Review: Vol. 5: Iss. 1‚ Article 4. Available
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6 main disadvantages of decentralisation (1) The success of decentralization will depend upon the quality of personnel manning the decentralized units. In those cases where the training‚ experience‚ education etc of the employees are inadequate‚ decentralisation of authority and of decision making would be harmful for the enterprise. There will be wrong decisions‚ confusion‚ contradictions etc. (2) Decentralisation becomes uneconomic and unwieldy unless the organisation is large and strong enough
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Advertisement? Advantages and disadvantages. . . There is several definition of advertisement but we can simply define it in following Words Advertising is the paid‚ impersonal‚ one-way marketing of persuasive information from an identified sponsor disseminated through channels of mass communication to promote the adoption of goods‚ services or ideas. Objectives of advertisement. Advertisers want to generate increased consumption of their commercial products and services. Advertising messages
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Single-sex schools should be promoted in Malaysia‚ do you agree or disagree? Whether high school or college‚ single-gender schools are generally considered the cream of the crop. Parents believe that if they take their children to all-boys or all-girls schools they will receive a better education that is more targeted toward their child’s gender‚ without the distractions of the opposite sex. There are others on the other hand who believe that students in these types of schools do not necessarily
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