Describe the differences between a geographical monopoly and a technological monopoly. Give you opinion as to which you think is more prevalent in our society. Then give reasons as which one you think will be more influential on society in the next 10 years. SOMEONE Pleaseeeee HELP MEEEEE!!!

Question

BiancaRose BiancaRose

13-07-2020
Business

contestada

Describe the differences between a geographical monopoly and a technological monopoly. Give you opinion as to which you think is more prevalent in our society. Then give reasons as which one you think will be more influential on society in the next 10 years. SOMEONE Pleaseeeee HELP MEEEEE!!!

Respuesta :

Otras preguntas

what are the changes the parents end up with a child that doesn't look like either of them

There are 5 roses in a vase of 11 flowers. The rest are daisies. What is the ratio of daisies to all flowers in the vase? What is the ratio of roses to daisies?

Why do people use a household budget? A. To lower the cost of mortgage payments B. To quickly increase their monthly income C. To increase the value of investme

Pls help me with this question

Please help me this homework is super important if I do not get 100% i will fail this class

The total number of calories in a female diet per day should be 1400 calories.How many calories can l eat from fruits?

Find the area of an equilateral triangle with radius length 6m. If necessary, write your answer in simplified radical form.

Imagine that you are a makeup artist applying for a position at a film or theater production. Write a short cover letter explaining your qualifications, experie

Dihybrid Crosses A farmer knows that most people prefer tall and yellow flowers. If he plans to grow 100 sunflowers from these two parents, how many can be expe

HELP ASAP root question!

benVnguyen123 benVnguyen123 · Answer 1 · 2020-07-13T19:19:10+02:00

Answer:

technological monopoly

a firm or individual have discovered a new manufacturing technique or created something entirely new Ex: Segway

geographic monopoly

small town, because of its location no other business offers competition Ex: Girdwood gas station

I would say technological monopolies, though answers will vary because of perspective. If we look at Tesla, they create new and innovative products that are without a doubt beyond the excesses that some other standard car companies (hence, electrical power). As technology grows over the years, having control over a new type of energy or power (or tech), will have a significant influence over the people, especially considering that no other company has yet to provide it.

Explanation: