Discuss the Three Questions That a Researcher Should Ask in the Start

question 23

Essay

Discuss the three questions that a researcher should ask in the start -up stage of the survey conduct;"Who will be the respondents?" "What information does the researcher want to learn from them?" "How can a researcher get that information?"

Understand how market demand and cost structures influence the presence and power of monopolies.

Assess the role of natural and government-enforced monopolies in the context of public and private goods.

Evaluate the economic rationales behind licensing requirements in professional services.

Understand the conditions under which monopolies can operate more efficiently than competitive markets.