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Natural Monopoly and the Firm Single Source Suppliers: Benefits of SSS: Lower transactions costs Pecuniary economies (volume discounts) much more likely when the supplier experiences real economies. Natural monopolies are often regulated: they cannot charge a higher price without government approval. Thus, average total cost is always declining and the minimum efficient scale is much larger than the size of the market. Natural monopolies: Goods and services whose delivery requires the construction of a physical network (wires, pipes, etc.) In such industrial (local phone service, water sewage removal, electricity, gas) the physical networks display decreasing marginal cost over essentially all quantities. Economic and/or legal restrictions, strategies or situation that make entry more difficult for new competitors than for the existing monopoly firm. Patents, copyrights, licenses, franchises: government protection of a firm’s to produce a unique product. Perfect competition, monopolistic competition, oligopolistic, monopoly ( numbers of firms, price ) Sources of monopoly entry barriers: Natural monopoly: the most efficient scale of production is so large, relative to market demand, a single firm dominates the market. When you have a monopoly you can ask any price you like. Definition of monopoly: A market in which there are many buyers but only one seller. Issues in monopoly Is monopoly good or bad ? References. Natural monopoly and the firm single source suppliers. This combines reading sight words, counting, money, subitizing, capitalization, punctuation, group work and following directions all into one fun game.Transcript: Hessa Azza Asma Khulood contents The definition of monopoly.
#MONOPOLY BOARD TEMPLATE SVG FREE#
When they land on free parking, they have to count all of their money. When they land on go, they have to read out all of the words they own. You can amp it up later in the year by adding two die. The game is played with one die - practicing subitizing here a little bit. Mistakes include capitals, punctuation and misspelling of sight words. The fix it card is one that has a sentence with mistakes in it and they have to figure out what the mistakes are to move. They move the number of spaces of the answer. For math it, they have to solve the basic math problem - maybe its just reading a number in the beginning, or doing 1+1. For chance and community chest, I turned it in to "math it" and "fix it". They also go to time our instead of jail. I am having students play with real pretend money, so they may have to pay $2.43 for their sight word. Love this! I am currently working on making a Sight-Wordopoly for my kindergarten classroom! I am making it on 8x11 sheets of paper so I can send games home with students so they can play with their parents and so i can make multiple versions with different sight words. This is one lens that you can actually make money with, all you have to do is print it. Thanks very much for sharing all this information.
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I had no clue that you could make your own version of monopoly. You have won a crossword competition-Collect $100.Your building and loan matures-Collect $150.You have been elected Chairman of the Board–Pay each player $50.Take a walk on the Boardwalk–Advance token to Boardwalk.Take a trip to Reading Railroad–If you pass Go, collect $200.Make general repairs on all your property–For each house pay $25–For each hotel $100.Go to Jail–Go directly to Jail–Do not pass Go, do not collect $200.If Railroad is unowned, you may buy it from the Bank. Advance token to the nearest Railroad and pay owner twice the rental to which he/she is otherwise entitled.If owned, throw dice and pay owner a total ten times the amount thrown. If unowned, you may buy it from the Bank. Charles Place – If you pass Go, collect $200 Advance to Illinois Ave-If you pass Go, collect $200.You have won second prize in a beauty contest–Collect $10.You are assessed for street repairs–$40 per house–$115 per hotel.Grand Opera Night-Collect $50 from every player for opening night seats.
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