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Microeconomics and monopoly


Your "question" languished for ten hours because no one could make any sense of it. This is due in large part to the fact that you ask so many additional questions within the body of the text, many of which cannot be determined without additional information.

Your "table" didn't help matters either.

May I suggest that you re-post your homework as a series of questions. You might have a better chance at obtaining reasonable answers.

With regard to such monopolistic practices, quite common for trash collection, the "monopoly" is still based upon a competitive bid process. The lowest bidder receives the primary contract and the overbidders are still allowed to solicit business in the area.

Government LOVES monopolies. After all, they run the largest, most corrupt monopoly of all -- our government school system. ;-)

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