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  • Monopoly

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    The document describes a monopoly that controls essential needs like electricity, water, and internet. It suggests the monopoly can raise prices significantly with no competition to keep prices in check. The consumer has no power over the rising costs of necessities provided solely by the monopoly. A second document discusses oligopolies that dominate markets through vast corporate size and influence. Though some competition exists among oligopolies, they largely dictate prices and what is consumed. Customers have little choice or power in oligopoly-controlled industries that prioritize profits over fair prices.

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    The document describes a monopoly that controls essential needs like electricity, water, and internet. It suggests the monopoly can raise prices significantly with no competition to keep prices in check. The consumer has no power over the rising costs of necessities provided solely by the monopoly. A second document discusses oligopolies that dominate markets through vast corporate size and influence. Though some competition exists among oligopolies, they largely dictate prices and what is consumed. Customers have little choice or power in oligopoly-controlled industries that prioritize profits over fair prices.

    Copyright:

    © All Rights Reserved
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    4 views2 pages

    Monopoly

    Uploaded by

    Kent
    The document describes a monopoly that controls essential needs like electricity, water, and internet. It suggests the monopoly can raise prices significantly with no competition to keep prices in check. The consumer has no power over the rising costs of necessities provided solely by the monopoly. A second document discusses oligopolies that dominate markets through vast corporate size and influence. Though some competition exists among oligopolies, they largely dictate prices and what is consumed. Customers have little choice or power in oligopoly-controlled industries that prioritize profits over fair prices.

    Copyright:

    © All Rights Reserved
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    of 2

    Monopoly

    By. Paradox

    Wanna play a game?


    It’s gonna be fun,
    Cause I’m Monopoly,
    Let’s do some crime.

    I compete with no one,


    I have no competition,
    I’m the only provider,
    Of Your Needs.

    Now, will you buy for it?


    I have Electricity, water and Internet
    And you got Money that’s what I need,
    Should I Be Greedy?

    May I raise the prices 20?


    30? 50? 80% (percent)?
    Ahhh, Maybe should double the price?
    For I the only that you have.

    I Provide You with Your Need,


    And Maybe You Should Feed my Greed,
    Isn’t it amusing? On How I can play with the Price,
    While you being a Consumer with nothing in Control.
    OLIGOPOLY

    In the world commerce and trade,


    Oligopoly reigns supreme, unafraid,
    A handful of giants, mighty and strong,
    Clash with each other, all day long.

    They hold the market in their grasp,


    their power growing, they do not gasp,
    Branches spread like lightning bolts,
    Taking control , and buying up votes.

    They dictate prices, what we consume,


    Weaned compete, but never for long.
    For market power is their game,
    and domination is their aim,
    their customers mere pawns in the fight,
    their profit soaring new heights.

    until then we must remain,


    Aware of onigopoly's game,
    And make our choice with care,
    for the market is not always fair

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