How would you create a outline for a podcast with this info: Monsanto and ConEd are...

How would you create a outline for a podcast with this info:

Monsanto and ConEd are examples of monopolist companies and indicate the role of monopolies in the modern economy. Monsanto shows the dangers of allowing a company to operate with complete control over the price of its products.

natural monopoly. costs are minimized by having a single supplier Ex: Sempra Energy Utility.
geographic monopoly. small town, because of its location no other business offers competition Ex: Girdwood gas station.
government monopoly. government owned and operated business Ex: USPS.
technological monopoly

A monopoly is a firm who is the sole seller of its product, and where there are no close substitutes. An unregulated monopoly has market power and can influence prices.

Modern day monopolies ...

Examples: Microsoft and Windows, DeBeers and diamonds, your local natural gas company

Expert Solution

When you write a podcast script, it helps to start with a bird’s eye view of your show. This outline will create a guide that keeps you on track and ensures you hit all the right points. It will also help you prepare transitions and get everything in within the allotted time.

We have to write podcast outline as follows:

1.Monopolist Companies

Examples - Monsanto and ConEd
Indicate the role of monopolies in the modern economy
Monsanto operate with complete control over the products price

2.Types of Monopoly

Natural monopoly - Minimal Cost,single supplier,Ex:Sempra Energy Utility
Geographic monopoly - small town,no other business offers competition Ex: Girdwood gas station
Government monopoly - government owned and operated business Ex: USPS

3.Difference between Monopoly and unregulated monopoly

A monopoly - sole seller of its product,there are no close substitutes
An unregulated monopoly - has market power,influence prices

4.Examples of Modern day monopolies

Microsoft and Windows, DeBeers and diamonds, your local natural gas company

Rahul Sunny answered 2 years ago

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