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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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Natural Monopoly

Natural MonopolyHigh-fix, start-up costs often lead to natural monopoly in industry and markets. Especially if talking of a new industry or being an inventor (lone/sole), of a new product. All of these factors can undermine consumers getting the deals they deserve, higher pricing, gouging etc. A natural monopoly like these are however naturally occurring, almost by default, not orchestrated or designed, usual, expected. It translates into a sort of organic domination and control of a singular company or entity supplying, making and distributing  irreplaceable products, goods or services, with no competitors.  Changes, market manipulating, pricing/costing, setting fees, lack of competition (no substitutes, no competitors), even markets-consolidations all can result in this scenario and circumstance, market dynamic.  Special interests and anti-trust legislation go a long way to curb and manage, track these events and manifestations. Supremacy and control, reconsolidation, redistribution, fair trade counter-act some of these firmly entrenched ‘empires’.

 

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Online Writing Help from ShineEssay said:

Common imposing business models exist since they are government controlled. In a free enterprise society, even service organizations would discover rivalry on the off chance that they were making boundless benefits. For instance, even in Southern California, we have the Department of Water and Power and Southern California Edison.

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Definition of the Day Survivorship Bias

Survivorship Bias In many cases, a company that has made it through a rough patch in its existence will be penalized in any reports that come out because of survivorship bias. These reports will not show that other companies have gone out of business during the...

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