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_geographic_monop...
A [Geographic] Monopoly is exclusive control of a commodity or service in a particular
http://www.chacha.com/question/what-is-a-geographi...
cable companies?
http://answers.yahoo.com/question/index?qid=200810...
Your business corporation should NOT own your house. Such ownership would give your business creditors access to your home equity. Also keep in mind that you cannot create business
http://www.helpfulbox.com/ans/others/723845
Explore this Topic
A geographical monopoly exists when one provides a good/service to an ...
A company charter is a document that gives a company certain rights and obligations which will usually give it a trading monopoly in a specific geographic area ...
About -  Privacy -  AskEraser  -  Careers -  Ask Blog -  Mobile -  Help -  Feedback © 2014 Ask.com