Monopolies In A Capitalist Economy

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Eula T

 

Date added:

June 1, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 777

 

Was viewed:

9615 times

 

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Essay content:

Public utilities are an example of a pure or natural monopoly. A pure or natural monopoly is a single firm in an industry. This is the most effective way to provide very important goods and services. An example of a public utility monopoly that affects our everyday life is that of SDG&E. They are the only power company in San Diego County and thus they have a monopoly on San Diego...
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This, however is the kind of monopoly that the government likes to keep running and in operation because they know that we cannot do without for very long. If SDG&E decided to go out of business there would be no power supplier for all of San Diego County. In addition, because of the fact that SDG&E is the only gas and electric provider they can name almost any price and we have no choice but to comply with their demands unless they can find a dependable alternative, like solar power...
displayed 300 characters

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