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Jan 21 2008, 8:36 AM EST
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serenatu
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64 words added
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Change: wow, i have never made connection between the game monopoly and the real monopoly in the society. Now after it's mentioned i just realized that
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Jan 20 2008, 5:50 AM EST
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Jolo
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72 words added
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Change: I agree with Kevin, the car industry leans more towards being an oligopoly rather than a monopoly. But the brands you find more is different
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Jan 9 2008, 12:28 PM EST
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dayzrox
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45 words added
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Change: It is true that Apple is fascinatingly innovative, yet one cannot deny that there are myriad of substitutes for iPods. After all, iPod is just another type of a music playing device. Thus, it's pretty obvious that Apple is not a monopoly.Jonathan Lau says:Yea, I don't
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Nov 25 2007, 7:55 AM EST
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anqxl
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88 words added
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Change: Angel Liu says: Actually i think there is a perfectly competitive market--local vegie market. There is no barrier of entry, and since every vendor sells
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Nov 21 2007, 11:36 AM EST
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kl_0511
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Change: There were only format changes (bold, italics, etc.) in this version. See this version for details.
(Word count: 8026)
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Nov 21 2007, 11:35 AM EST
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kl_0511
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25 words added
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Change: Well if there are substitute goods, then you wouldn't be a monopoly. Are there any substitute goods in the frisbee market? Pure Competition:Chan Min Park says: Everybody mentioned already, Pure Competition is good for society. In the
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Nov 20 2007, 10:22 AM EST
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annieycsung
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82 words added
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Change: Relating to what Howard said, I think auctions are a form of price discrimination, as the sellers are putting the product out there and letting
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Nov 20 2007, 9:53 AM EST
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J.Chiang
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Change: There were only format changes (bold, italics, etc.) in this version. See this version for details.
(Word count: 7918)
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Nov 20 2007, 9:52 AM EST
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J.Chiang
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94 words added
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Change: says: Haha. Isn't it basically impossible to become a pure monopoly? I mean, you would have to own EVERYTHING, which means that the other players
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Nov 20 2007, 9:26 AM EST
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drewvenkatraman
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18 words added
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Change: you to be the boss and control everyone else. But really,what makes the game so sweet is the fact that its not a monopoly at all, but more like
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(Word count: 7819)
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Nov 20 2007, 9:05 AM EST
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trevorsun
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80 words added
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Change: I agree with Kevin, the car industry is more of an oligopoly than a monolistic competition market. It has more traits of an oligopoly in
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Nov 20 2007, 8:43 AM EST
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MondGu
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63 words added
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Change: I agree with Cassy that it depends on how we look at Eurest to determine whether or not it is a monopoly. In our school
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Nov 20 2007, 8:29 AM EST
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123kc
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69 words added
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Change: In response to Nicole's point about Eurest being a monopoly, it really depends on the context. Within our school it is, but there are other
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Nov 20 2007, 8:24 AM EST
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HowardJing
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60 words added
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Change: I think that blind bidding is a form of price discrimination since price discrimination is when a company charges different prices for the same product.
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Nov 20 2007, 8:21 AM EST
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ma.sheng.lun
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13 words added
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Change: such as just getting the capital.capital is hard. Such as finding space, money, materials, and getting a factor. They also have power over the price of their cars. For example, Ferrari can charge like 500,000 for one of their cars while Toyota charges 30,000.
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Nov 20 2007, 8:19 AM EST
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ma.sheng.lun
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48 words added
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Change: etc. Kevin Ma says:Wouldn't the car industry be Oligopoly? Since there are many barriers to entry such as just getting the capital. They also have power over the price of their cars. For example, Ferrari can charge like 500,000 for one of their cars while Toyota charges 30,000.
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(Word count: 7521)
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Nov 20 2007, 7:22 AM EST
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jlau21
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Change: There were only format changes (bold, italics, etc.) in this version. See this version for details.
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Nov 20 2007, 7:21 AM EST
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jlau21
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Change: There were only format changes (bold, italics, etc.) in this version. See this version for details.
(Word count: 7470)
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Nov 20 2007, 7:21 AM EST
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jlau21
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80 words added
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Change: Just because there is no economic profits being gained from a perfectly competitve industry does not mean that no utility is being gained either. Like
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Nov 20 2007, 4:24 AM EST
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rksung
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76 words added
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Change: Well the big thing in monopolistic competition is branding. Like Claire said, the electronic companies are monopolistic competitors. When you buy a television set, usually
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