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  • How a corporation could be a monopoly?
  • Corporations are probably the dominant form of business organization in the United States. Although fewer in number, corporations account for the lion's share of aggregate business receipts in the U.S. economy.
  • Monopoly is a market structure characterized by a single seller, selling a unique product in the market. 
  • What are the advantages and disadvantages of Corporation?
  • The advantages of a Corporation is Unlimited commercial life. The corporation is an independent and does not dissolve when ownership changes.Greater flexibility in raising capital through the sale of stock.Ease of transferring ownership by selling stock.
  • The disadvantages of a Corporation is Regulatory restrictions. Corporations are typically more closely monitored by governmental agencies, including federal, state, and local. Complying with regulations can be costly.Corporations have to file articles of incorporation with the appropriate state authorities. These legal and clerical expenses, along with other recurring operational expenses, can contribute to budgetary challenges.
  • What are the advantages and disadvantages of Monopoly?
  • The advantages of a Monopoly:Monopoly DOES NOT multiply and thus avoids wastage of resources.A monopoly enjoys economies of scale because its the only supplier of product or service in the market.Benefits can be passed on to the consumers.
  • The disadvantages of Monopoly: Poor level of service.No consumer independence.Consumer exploitation.Consumers may be charged high prices for low quality of goods and services.
  • What are the things that a Corporation needs to be a Monopoly?
  • Most of them rely on some form of assistance from the government.A easy way monopoly can be is by the government granting a company exclusive rights to provide goods or services.
  • How can a Corporation make it has a Monopoly?
  • It can make it if it has 5 things and they are.Regulations, Subsidies, Nationalization,Tariffs, and Intellectual property.
  •  Regulations is when the cost of doing business is high, make it higher.Subsidies offer an alternative, consumer-driven focus to acquiring monopoly status.Nationalization is the easiest and most straightforward way to create a monopoly is to simply write the monopoly into law. Tariffs is companies south of the border produce certain commodities much more cheaply than American companies do.
  • What do each of them do to help become a Monopoly?
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