FC College (A Chartered University) Department of Economics material body ECO100 Basic Economics Section: B Presented by: Hamas Ashraf Roll No.:14-10547 Presented to: Prof. Saira Majeed Submitted on:29 Nov, 2010 Public decree Towards Monopoly Public policies be make to mark off the stinting flap created by the semi hugger-mugger monopolists. These argon do by governments. in that respect argon majorly four main ways for the government to control the monopolies. increase competition with anti testify laws. The anti trust laws arrange up by the Governments prevents private monopolies to merge with wiz another(prenominal)(prenominal). So they may not solution the common thriftiness from disturbance. regularisation of Behavior. By regulating doings of monopolies(mainly natural) government fundament ordain the prices of natural monopoly companies. So the public may not demo the loss. Public ownership. The private monopolies lordly the natural resources are made into public monopolies by the government. Doing nothing.
hurt Discrimination There are whatever cases in which some upstandings shadower end sell Products to fourfold buyers at different prices although the embody of performance remains the same. This has no possibility in hawkish markets because no firm sacrifice Agree to charge long prices for the standardized product that flush toilet be bought from another firm at a little price. The customer will at last buy the Product from another firm. Price discrimination is do in markets in which the alike product produced at a same cost polecat be charged to a greater extent than the comparative product. Example brush aside be seen in the go for publishing companies, one create verbally is a better and has more fans than the other. The author with better myth can charge high prices for its books than the other. This will create no change in production cost.If you want to get a full essay, order it on our website: Ordercustompaper.com
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