India by Vijay Jaiswal On August 29‚ 2013. No comments In a modern democratic political system of India‚ with governments based on Parliamentary model‚ political parties are central to the working of the political system. Political parties in Indian Democracy grow up the as spokesman of organized interests. Thus a Political party system in India is an organization of like minded people based together either to preserve and promote group interests or to promote a particular ideology. Usually every
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change of population and consumption demands‚ technology development‚ political decision and social control (Luukkonen et al. 2012‚ Mäkelä et al. 2011). Togheter with road and railway transportation and merikul-jetus‚ they are important and export transportation system where domestic and foreign transportation is connected. Railway transportation are nowadays strongly in bound with forestry and also the raw material of heavy industry and its products by seaway transportation makes a significant part of
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HOW DID THE FORMATION OF MONOPOLIES AFFECT THE US and ARE MONOPOLIES GOOD OR BAD? Definition: A monopoly is a business that’s the only provider of a good or service. That gives it a tremendous competitive advantage over any other company that tries to provide a similar product. Some companies become monopolies through vertical integration. They control the entire supply chain‚ from production to retail. Others use horizontal integration. They buy up competitors until they are the only ones left
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Similarities and Differences between Monopolies and Oligopolies WHAT ARE SOME SIMILARITIES AND DIFFERENCES BETWEEN MONOPOLIES AND OLIGOPOLIES? According to Mankiw‚ N. G. (2004) monopolies and oligopolies can be defined as: Monopolies are based on a market where there are several buyers but only one seller of a product or service whereby the seller sets the price for products and services provided. Oligopolies are based on a market where there a few companies own or control the production of a
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2 Indian and World Geography | http://www.developindiagroup.co.in/ http://www.developindiagroup.co.in/ Indian Geography Geographical Location of India Indian Geographical Location • • Lying between latitude 4′ N to 37° N and from longitude 68°7′ E to 97° E‚ the country is divided into almost 6′ 25′ equal parts by the Tropic of Cancer (passes from Jabalpur in MP). The southernmost point in Indian Territory‚ (in Great Nicobar Island) is the Indira Point (6° 45′)‚ while Kanyakumari‚ also known
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Monopolies Because the pure monopolist is the industry‚ the demand curve is the market demand curve. Demand curve is downward sloping: as price decreases‚ quantity demanded increases. Monopoly’s Demand Curve: Marginal Revenue is Less Than Price – the firm can only increase its sales by charging a lower price thus causing marginal revenue to be less than price The lower price applies not only to the extra output sold but also to all prior units of output. Each additional unit of output sold increases
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Monopoly and American Values In societies all over the world the board game Monopoly is played by children and adults. The Parker Brother’s game has been sold in 37 different languages; over 200 million copies have been sold‚ is claimed to be the most popular game‚ and has also been sold in 103 countries. In America millions have played and is a normal and acceptable “American Past Time.” From a functionalist perspective the board game teaches and expresses many of the American values such as;
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this growth‚ there were also some setbacks. A huge setback was the over growing power of monopolies (Foner‚ 34 ). “A monopoly is a market structure characterized by a single seller‚ selling a unique product in the market‚ with no competition” (The Economist‚1). Monopolies‚ during the Industrial Revolution‚ were bad because of overpriced items‚ corruption‚ and a lack of clothes and apparel. First‚ monopolies could overcharge people for simple items without caring about the quality of the product
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ANNOUNCEMENT 2nd August‚ 2012 DIRECT ENTRY TO CHARTERED ACCOUNTANCY COURSE – AMENDMENTS TO THE CHARTERED ACCOUNTANTS REGULATIONS‚ 1988 This is to inform all concerned that with the issuance of the Notification No. 1-CA(7)/145/2012 on August 1‚ 2012‚ the provisions relating to Direct Entry Scheme for Graduates/Post Graduates‚ etc.‚ with prescribed percentage of marks‚ to the Chartered Accountancy Course have come into force from August 1‚ 2012. The said Notification is reproduced hereinbelow for
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DURABILITY AND MONOPOLY R. H. COASE Universityof ChicagoLaw School that A SSUME a supplier owns the total stock of a completely durable good. At what price will he sell it? To take a concrete example‚ assume that one person owns all the land in the United States and‚ to simplify the analysis‚ that all land is of uniform quality. Assume also that the landowner is not able to work the land himself‚ that ownership of land yields no utility and that there are no costs involved in disposing
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