Examlex
Suppose that you build a new jumbo jet that can carry five times more passengers than can any other competitor.You have high fixed costs due to the quantity of capital used to build the jets,and average cost is decreasing for all levels of demand.In this case,your monopoly would result from:
Moral Ownership
The feeling or belief that one has an ethical responsibility toward something or someone.
Moral Conation
The aspect of one's mental processes directly connected to ethics, willpower, and the motivation to act in alignment with one's moral values.
Socialized Power Orientation
A leadership approach focused on using power for the benefit of others rather than for personal gain.
Exploit
To make use of a resource, situation, or piece of information to gain an advantage or achieve a goal.
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