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Beginning of Paper
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In a capitalist economy there are both wanted and unwanted monopolies. However, in a capitalist economy certain monopolies are needed. Monopolies have a big impact on the economy and the consumers because of the amount of control that the monopolies have on the economy. There are certain times when it is best to have monopolies then others, it really depends on the status of the economy. There is no doubt that mon ....
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Middle of Paper
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.... because of the fact that SDG&E is the only gas and electric provider they can name almost any price and we have no choice but to comply with their demands unless they can find a dependable alternative, like solar power.
The impact of monopolies is felt very heavily on the consumer. The biggest effect of a monopoly in a market is that it drives up the prices of the product in that market (South West, pg. 179). This happens because there is no competition and no other pro ....
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ADDITIONAL FEATURED ESSAYS
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