Monopoly: Difference between revisions

Line 37:

:::Owning key manufacturing processes or mining operations

:*;'''Economies of scale:'''

:::Large fixed costs make single firm production most efficient.<ref>{{Cite web |last= |first= |date= |title= |url=https://open.oregonstate.education/intermediatemicroeconomics/chapter/module-15/ |website= }}</ref>

:::Large fixed costs make single firm production most efficient.<ref>{{Cite web |last=Emerson |first=Patrick |date= |title=Intermediate Microeconomics |url=https://open.oregonstate.education/intermediatemicroeconomics/chapter/module-15/ |website=oregonstate.education}}</ref>

:*'''Network effects:'''

:::Value increases with more users.<ref>{{Cite web ~~|last= |first=~~ |date= |title= |url=https://www.law.cornell.edu/wex/monopoly |website= }}</ref>

:::Value increases with more users.<ref>{{Cite web |date=July 2023 |title=Monopoly |url=https://www.law.cornell.edu/wex/monopoly |website=law.cornell.edu}}</ref>

:*'''Deliberate exclusionary practices:'''

:::Predatory pricing or exclusive contracts.

Line 117:

*[[Ticketmaster Entertainment, LLC|Ticketmaster]] is often referred to as a monopoly of live events.

*Tyson Foods.

*Yoshida Kogyo KabushikiKaisha (YKK) founded in 1934, currently controls 90% of the zipper market and is rarely accused of being a ~~monopolly~~.

*Yoshida Kogyo KabushikiKaisha (YKK) founded in 1934, currently controls 90% of the zipper market and is rarely accused of being a monopoly.

==References==

@@ Line 37: / Line 37: @@
 :::Owning key manufacturing processes or mining operations
 :*;'''Economies of scale:'''
-:::Large fixed costs make single firm production most efficient.<ref>{{Cite web |last= |first= |date= |title= |url=https://open.oregonstate.education/intermediatemicroeconomics/chapter/module-15/ |website= }}</ref>
+:::Large fixed costs make single firm production most efficient.<ref>{{Cite web |last=Emerson |first=Patrick |date= |title=Intermediate Microeconomics |url=https://open.oregonstate.education/intermediatemicroeconomics/chapter/module-15/ |website=oregonstate.education}}</ref>
 :*'''Network effects:'''
-:::Value increases with more users.<ref>{{Cite web |last= |first= |date= |title= |url=https://www.law.cornell.edu/wex/monopoly |website= }}</ref>
+:::Value increases with more users.<ref>{{Cite web |date=July 2023 |title=Monopoly |url=https://www.law.cornell.edu/wex/monopoly |website=law.cornell.edu}}</ref>
 :*'''Deliberate exclusionary practices:'''
 :::Predatory pricing or exclusive contracts.
@@ Line 117: / Line 117: @@
 *[[Ticketmaster Entertainment, LLC|Ticketmaster]] is often referred to as a monopoly of live events.
 *Tyson Foods.
-*Yoshida Kogyo KabushikiKaisha (YKK) founded in 1934, currently controls 90% of the zipper market and is rarely accused of being a monopolly.
+*Yoshida Kogyo KabushikiKaisha (YKK) founded in 1934, currently controls 90% of the zipper market and is rarely accused of being a monopoly.
 ==References==