Calum1577
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Registered: 30th Jan 04
Location: Troon
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Hey folks anyone know much about Economics?? I have en essay in for tomorrow and i have wrote what i can on the subject but really want to add some more in. Its Microeconomics and its about what happens to a monopoly when there is:
a) Rise in demand
b) Rise in fixed input cost
c) Rise in variable input cost
I can e-mail what i have if anyone fancies adding to it let me know. Cheers guys. 
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willay
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Calum1577
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Registered: 30th Jan 04
Location: Troon
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Loads of help that mate! 
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stubbsy
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Registered: 5th Jun 01
Location: stoke-on-trent
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my girlfriend had to do a load about this whilst doing her degree, will ask her in a min when she comes upstairs
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bradfincham
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Registered: 20th Sep 02
Location: East Of England Drives: Clio 172
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i di this for a level,
how much i would love to own a monopoly!!
rise in demand - more business and charge higer prices as in demand
rise in fixed input means profit margin will be less
rise in variable input cost same as lats but flactuating profit margins
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Calum1577
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Registered: 30th Jan 04
Location: Troon
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Hey Brad cheers for the input. I have that info already. The word count is a max of 1200 buti have 675 and it just doesnt look like enough. So i was just wondering if anyone would fancy having a read through it and adding in anything they thought was appropriate.
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bradfincham
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Registered: 20th Sep 02
Location: East Of England Drives: Clio 172
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ure having a giggle arent you,
have yo used examples like de beeres diamond's,
they are the sole supplier of diamonds in uk so charge what they want to the jewellers
the more you buy from them and more often u get a better deal
the first few times they will charge what they want!
theres heaps of monopoly examples
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Calum1577
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Registered: 30th Jan 04
Location: Troon
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Lol no not having a giggle just thought it was a good idea to get some extra input. Got examples sorted it just looks a bit bare. Also its to do with a cae study of a newsagents in a remote village who deliver papers. So it asks what will happen if demand increases blah blah blah to this specific firm so dont need many examples of other monopolies.
[Edited on 29-11-2004 by Calum1577]
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bradfincham
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Registered: 20th Sep 02
Location: East Of England Drives: Clio 172
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newsagents, mm but thats not a true monopoly as they can go elsewhere
use de beeres diamonds, or like dvla etc only company that exists
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Andrew
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Registered: 5th May 04
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I've got tones of notes on this shit if you want it. Drop me a U2U. I did it at uni last year.
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Calum1577
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Registered: 30th Jan 04
Location: Troon
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Cant man. It has to be this newsagent as thats what the question asks u to relate it to. In this case it is a monopoly as it in a remote village with no other newsagents in the town. So in the market that is the newspaper delivery in this town it is a monopoly. Its totally crap this Uni nonesence. Even had to resort to listening to the radio to take my mind off it. Although some fit birds in the comp lab the now. 
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bradfincham
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Registered: 20th Sep 02
Location: East Of England Drives: Clio 172
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youre doing that at uni!!
wish mine was that simple!
Differentiation of maths
Molecular properties of materials and tesnile strenghts
But then the motor sport bit is fun!!
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Calum1577
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Registered: 30th Jan 04
Location: Troon
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haha yeah its simple the now but i think thats why i am worried i aint put in enough cos it looks like fuck all but it still answers the question. Hmmm yeah urs sounds like a barrel load of shits and giggles.
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bradfincham
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Registered: 20th Sep 02
Location: East Of England Drives: Clio 172
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its all maths and physics now, motorsport is a small part 20% of 1st year but years 2,3,4 are 100% motorsport
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Calum1577
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Registered: 30th Jan 04
Location: Troon
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Nice. One of my mate done mechanical engineering and motorsport but idont really speak to him much to see what it was like.
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