What Is a Geographic Monopoly?

Answer

Geographic monopoly can be defined as a control of a particular commodity or services in a market that is located at a specific place. Geographic monopoly arises due to lack of other stakeholders who are willing to bring such services and control them.
Q&A Related to "What Is a Geographic Monopoly"
When a market's potential profit is so limited by its geographic location that only a single seller decides to enter the market. That type of market is a geographic monopoly. An example
http://wiki.answers.com/Q/What_is_a_geographical_m...
Geographic monopolies occur when
http://www.chacha.com/question/what-is-the-differe...
Background. Ptolemy, a Roman mathematician, geographer, astronomer and astrologer, created the geographic grid sometime in the second century. Facts. The geographic grid uses latitude
http://www.ehow.com/facts_6732808_geographic-grid_...
I believe someone did a statistical analysis of this a while back, but if my memory serves me, the dominant strategy goes something like: Jail: Pay out always when significant available
http://www.quora.com/Monopoly-board-game/What-is-t...
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