Competition Vs. Monopolies in the Term Paper

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Now the stores want to make sure that the turkey that they sell is the best turkey and cost the least. In this situation they are competing for the consumer's business.

However, business owners of a monopoly situation disagree with the government. When there is a business that has the potential to become a Competition vs. Monopolies 2 monopoly the government watches it very closely and the business has to go through the government for mergers and such. The more the business becomes a monopoly, the more the government says no to the business's requests.

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For example, there is Microsoft. The government has been working to keep Microsoft from being the big business that it is today.

So, in conclusion, a perfect competition economy makes benefits for the consumer. Likewise, a monopolistic economy makes benefits for the business owner. On the flip side, a perfect competition shows drawbacks for the business owner and a monopolistic economy shows drawbacks for the consumer. The best way to run an economy is to have a balance between the two options. America's economy does….....

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https://www.aceyourpaper.com/essays/competition-monopolies-40068
   

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