ATT LongDistance Monopooy Essay

This essay has a total of 1086 words and 5 pages.


ATT LongDistance Monopooy




Is a monopoly a good thing? From the standpoint of economists, monopolies are anything
but good. Economists believe that the perfect economy would be one that has many
competitors with significantly low barriers to entry. Such an economy would greatly
benefit the consumer due to the lower prices of the products. From a businessman’s
standpoint though, a monopoly is not so bad. The biggest threat to a company or firm is
competition. Competition drives prices down resulting in less profit. The main goal of a
businessman is to make a profit, which is hindered by competition. Generally, economists
and businessmen do not see eye to eye on the subject of monopolies for this reason. The
question is, is a monopoly a good thing? The answer to this question will be attempted
through the outcome of this paper.

Before exploring the qualities of a monopoly, it must first be defined. A monopoly is
simply “a market structure characterized by a single seller of a well-defined product for
which there are no good substitutes and there are high barriers to entry for any other
firm into the market for that product”. In other words, a monopoly exists when only one
firm in the market is selling a product, and entry into the market by other competitors is
difficult. For this reason, a monopoly is not the best form of structure according to an
economist’s standpoint.

Can a monopoly be good? The answer to this question has been widely negotiated. In some
instances, a monopoly is essential. The post office and utilities companies are two
examples of when a monopoly is necessary. Some argue that the long-distance phone
company, should also be a monopoly as well.

AT&T (American Telephone and Telegraph) is “the largest telecommunications company in the
United states, and a worldwide leader in communications services.” It was the parent
company of the Bell System until January 1, 1984. The deregulation of AT&T was primarily
based on the principle that “low-volume, local exchange service is a natural monopoly;


Tran 2
while, high-volume long-distance service fit the competitive model. Because of the
technological change from micro-wave to fiber optic technology, the phone service would be
better served as a monopoly. Microwave technology dominated the long-distance industry
between the years 1950 to the early 1980s.


“The base component of the micro-wave technology is a transceiver that can hold up to 12
voice phone calls. The demand for long-distance calls at any one time was clearly greater
Continues for 3 more pages >>




  • Rooselvelt
    Rooselvelt Franklin Delano Roosevelt Franklin Delano Roosevelt was the 32nd president of the United States. Roosevelt served longer than any other president. His unprecedented election to four terms in office will probably never be repeated; the 22nd Amendment to the Constitution of the United States, passed after his death, denies the right of any person to be elected president more than twice. Roosevelt held office during two of the greatest crises ever faced by the United States: the Great De
  • Attempts made at peace
    attempts made at peace Modern History “What attemps were made to achieve a lasting peace in Europe between the years 1918-1922 By: Paul Portelli This Essay will Disscuss why the “peace treaties” of WW1 cause not peace but War. Focusing mainly on the Treaty of Versaille, Woodrow Willson and the league of nations. How the triple anntont where more intrested in imperialism instead of idealism. The Versaille Treaty, an agreement for peaceful terms among the warring nations of World War I, was exting
  • Causes for Germanies entry to WW1
    Causes for Germanies entry to WW1 Germanies Entry into World War 1 November 25, 2000 World War One was caused solely by the aggression of one country and its allies. It was made possible by the political, military and economical environments inside the aggressor country. These all contributed to the initiation of the First World War by the then mayor European power, Germany. To the credit of the Prussians, Germany had the largest (except for Russia), best equipped and best-trained army of Europe
  • Hero
    Hero Pridi Banomyong Pridi Banomyong was born on May 11, 1900 in Ayudhya, the former capital of Thailand. He was the eldest son of a relatively well to do farming family. Pridi became interested in revolutionaries when he was very young. At the age of 14, he completed his secondary education. Too young to enroll in any institution for higher education, Pridi stayed with his family for an extra two years, helping them in rice farming before darting off to law school in 1917. Pridi was a bright st
  • Mapp v ohio
    mapp v ohio Mapp vs. Ohio The Mapp Vs Ohio Supreme Court Case was a turning point in our nation\'s history. It changed our legal system by forming the exclusionary rule, which in turn changed the way prosecution of a criminal is performed. On May 23, 1957, three Cleveland police officers arrived at Dolly Mapp’s home. They had reason to believe that paraphernalia and a fugitive of a recent bombing had been hiding out there. The officers asked if they could search the home without a search warrant
  • Nicholas II1
    Nicholas II1 The quotation, "‘I shall maintain the principle of autocracy just as firmly and unflinchingly as it was preserved by my unforgettable dead father.\' (Nicholas II) In spite of the Czar\'s decrees and declarations, Russia, by the beginning of the 20th century, was overripe for revolution," is supported by political and socioeconomic conditions late monarchial Russia. Nicholas II was the Czar of Russia from 1896-1917, and his rule was the brute of political disarray. An autocrat, Nicho
  • Thomas Jefferson Bio
    Thomas Jefferson Bio Thomas Jefferson (1743-1826), 3d PRESIDENT OF THE UNITED STATES. As the author of the Declaration of Independence and the Virginia Statute for Religious Freedom, he is probably the most conspicuous champion of political and spiritual freedom in his country\'s history. He voiced the aspirations of the new nation in matchless phrase, and one may doubt if any other American has been so often quoted. As a public official--legislator, diplomat, and executive--he served the provin
  • World Strruggle Comes to Division
    World Strruggle Comes to Division World Struggle Comes to Division It is thought that this war that is been ongoing for over a year, began with the assassination of the Archduke Francis Ferdinand; however, many other reasons led to this war. Some occurring reasons date as far back as the late 1800\'s. Nationalism, militarism, imperialism, and the system of alliances were four main factors that pressed the great powers towards this explosive war. Nationalism is the love of one\'s country rather t
  • World war 11
    world war 11 World War I, the first globally destructive conflict that the Western Civilization produced, has been the subject of various analysis, interpretations and reevaluations of the various causes that led to it. Initially, the guilt was placed upon Germany and its allies. Eventually, historical analysis conducted in decades after the event, lead to a shift from the guilt perspective, to a broader one of various interacting factors. Although almost nine decades have elapsed, one question
  • Aggression
    Aggression Aggression is a critical part of animal existence, which is an inherent driving force to humans, as we, too, are animals. The source of aggression within humans is a long summative list, but before trying to understand its source one must apply a working definition of aggression. Encyclopedia Britannica as any action of an animal that serves to injure an opponent or prey animal or to cause an opponent to retreat defines aggressive behavior. (7) David G. Myers states that aggression is
  • Ecomic advances
    ecomic advances X-Apparently-To: aznpyde84@yahoo.com via web3806.mail.yahoo.com Return-Path: *grognard@home.com* X-Track2: 2 X-Track: 1: 40 Received: from ha1.rdc1.nj.home.com (HELO mail.rdc1.nj.home.com) (24.3.128.66) by mta108.mail.yahoo.com with SMTP; 22 Mar 2000 21:53:42 -0000 Received: from home.com ([24.4.248.31]) by mail.rdc1.nj.home.com (InterMail v4.01.01.00 201-229-111) with ESMTP id *20000322215333.UXJI20681.mail.rdc1.nj.home.com@home.com*; Wed, 22 Mar 2000 13:53:33 -0800 Message-ID:
  • My Hero1
    My Hero1 Pridi Banomyong Pridi Banomyong was born on May 11, 1900 in Ayudhya, the former capital of Thailand. He was the eldest son of a relatively well to do farming family. Pridi became interested in revolutionaries when he was very young. At the age of 14, he completed his secondary education. Too young to enroll in any institution for higher education, Pridi stayed with his family for an extra two years, helping them in rice farming before darting off to law school in 1917. Pridi was a brigh
  • Nemesis
    nemesis Nemesis Origin of the theory The "Nemesis Theory" was an outgrowth of the discovery of Alvarez et al., that the impact of a large (10 km diameter) comet or asteroid was responsible for the great mass extinction that took place 65 million years ago. Studies of the fossil record by Dave Raup and Jack Sepkoski shows that this was not an isolated event, but one of several mass extinctions that appear to occur on a regular 26 million year cycle. Their original paper analyzed marine fossil fam
  • Prerevolution of russia
    prerevolution of russia Steps Towards the Russian Revolution “I shall maintain the principle of autocracy just as firmly and unflinchingly as it was preserved by my unforgettable dead father” (Nicholas II). In spite of the Czar’s decrees and declarations, Russia, by the beginning of the 20th century, was overripe for revolution, is supported by political and monarchial Russia. Nicholas II was the Czar of Russia from 1896-1917, and his rule was the brute of political disarray. An autocrat, Nichol
  • Steps towards the russian revolution
    steps towards the russian revolution "I shall maintain the principle of autocracy just as firmly and unflinchingly as it was preserved by my unforgettable dead father.” (Nicholas II) In spite of the Czar\'s decrees and declarations, Russia, by the beginning of the 20th century, was overripe for revolution. This statement is supported by political and socioeconomic conditions in late monarchial Russia. Nicholas II was the Czar of Russia from 1896-1917, and his rule was the brute of political disa
  • The Psychological Affects of the Holocaust
    The Psychological Affects of the Holocaust The Psychological Affects of the Holocaust The Holocaust was a tragic point in history which many people believe never happened. Others who survived it thought it should never have been. Not only did this affect the people who lived through it, it also affected everyone who was connected to those fortunate individuals who survived. The survivors were lucky to have made it but there are times when their memories and flashbacks have made them wish they we
  • The Rise of superpowers
    The Rise of superpowers THE RISE OF THE SUPERPOWERS: HOW WWII BUILT THEM THE RISE OF THE SUPERPOWERS: HOW WWII BUILT THEM It is often wondered how the superpowers achieved their position of dominance. It seems that the maturing of the two superpowers, Russia and the United States, can be traced to World War II. To be a superpower, a nation needs to have a strong economy, an overpowering military, immense international political power and, related to this, a strong national ideology. It was this
  • World War I
    wwI World War I (The Great War) By: Jesse Cody World War I, the first globally destructive conflict that the Western Civilization produced, has been the subject of various analysis, interpretations and reevaluations of the various causes that led to it. Initially, the guilt was placed upon Germany and its allies. Eventually, historical analysis conducted in decades after the event, lead to a shift from the guilt perspective, to a broader one of various interacting factors. Although almost nine d
  • World War I
    wwI World War I (The Great War) By: Jesse Cody World War I, the first globally destructive conflict that the Western Civilization produced, has been the subject of various analysis, interpretations and reevaluations of the various causes that led to it. Initially, the guilt was placed upon Germany and its allies. Eventually, historical analysis conducted in decades after the event, lead to a shift from the guilt perspective, to a broader one of various interacting factors. Although almost nine d
  • An Era of Punk
    An Era of Punk An Era Of Punk “Sex, drugs, and rock and roll” was the rallying cry for a movement that changed American culture forever. Rock and roll first startled the American scene in the mid-1950’s, but no one then could have predicted the remarkable vitality and staying power of this new music. The early tradition of rock has gone through many transitions. Provocative and outlandish stage attire and behavior have been an important resource since the birth of rock and roll. Decades followin
  • Somalia and US Peacekeeping
    Somalia and US Peacekeeping The desire for an organization that would help the international community “avoid future conflicts” and the recognized need for a global body that would “promote international economic and social cooperation” led the powerful states emerging from the rubble of WWII to develop the United Nations. The newly formed United Nations “represented an expression of hope for the possibilities of a new global security arrangement and for fostering the social and economic conditi
  • Aggression and its intricacies
    Aggression and its intricacies Aggression is a critical part of animal existence, which is an inherent driving force to humans, as we, too, are animals. The source of aggression within humans is a long summative list, but before trying to understand its source one must apply a working definition of aggression. Aggressive behavior is defined by Encyclopedia Britannica as any action of an animal that serves to injure an opponent or prey animal or to cause an opponent to retreat. (7) David G. Myers
  • None Provided5
    None Provided5 Aggression is a critical part of animal existence, which is an inherent driving force to humans, as we, too, are animals. The source of aggression within humans is a long summative list, but before trying to understand its source one must apply a working definition of aggression. Encyclopedia Britannica as any action of an animal that serves to injure an opponent or prey animal or to cause an opponent to retreat defines aggressive behavior. (7) David G. Myers states that aggressio
  • None Provided6
    None Provided6 Aggression is a critical part of animal existence, which is an inherent driving force to humans, as we, too, are animals. The source of aggression within humans is a long summative list, but before trying to understand its source one must apply a working definition of aggression. Encyclopedia Britannica as any action of an animal that serves to injure an opponent or prey animal or to cause an opponent to retreat defines aggressive behavior. (7) David G. Myers states that aggressio
  • None Provided7
    None Provided7 Aggression is a critical part of animal existence, which is an inherent driving force to humans, as we, too, are animals. The source of aggression within humans is a long summative list, but before trying to understand its source one must apply a working definition of aggression. Encyclopedia Britannica as any action of an animal that serves to injure an opponent or prey animal or to cause an opponent to retreat defines aggressive behavior. (7) David G. Myers states that aggressio
  • The Current Nature of Human Relations
    The Current Nature of Human Relations The Current Nature of Human Relations Group Project 1 Group Members: Kari Johnson Todd Lessman Mark Mellum Craig Popp Tim Weller Organizational Behavior Richard J. Sebastian March 9, 2000 The nature of human relations is evolutionary. It changes over time as our society adjusts to our ever-changing environment. These changes can be positive or negative, and sometimes necessary changes have both positive and negative consequences on our lives. It seems that t
  • Civil Rights
    Civil Rights In a Democracy the majority does not need any protection, because it is the majority which has control. However, as seen through history, even majorities can be tyrannical, and the minority needs protection from them. “Civil rights” is the term used when speaking of the privileges, immunities, and practices of freedom which are protected from violation by other citizens. That is the definition of civil rights, although when most people think of civil rights they instantly think it
  • The africanamerican struggle for civil rights
    the africanamerican struggle for civil rights In a Democracy the majority does not need any protection, because it is the majority which has control. However, as seen through history, even majorities can be tyrannical, and the minority needs protection from them. Civil rights is the term used when speaking of the privileges, immunities, and practices of freedom which are protected from violation by other citizens. That is the definition of civil rights, although when most people think of civi
  • Woodrow Wilsons Diplomacy
    Woodrow Wilsons Diplomacy Woodrow Wilson and American Diplomacy “Until early in [the twentieth] century, the isolationist tendency prevailed in American foreign policy. Then, two factors projected America into world affairs: its rapidly expanding power, and the gradual collapse of the international system centered on Europe” . President Woodrow Wilson was the leader who would initiate the ideologies of American diplomacy in the twentieth century. Up until his Presidency, American foreign policy
  • Freedom
    Freedom This book was written in the middle to late twentieth century. Generally, this book dealt with Indians living in East Africa. The book is set in native Tanzania where Vassanji was raised after his family moved from his birthplace Nairobi. This book is a collection of short stories that chronically move from the narrator’s early childhood until he returns to his homeland years later to find that much has changed from his childhood. There are many issues that are intertwined into the text
  • Management
    management It is almost always a team of people doing a task is better off than a person doing it. And if the leader is a narrow-minded, tyrant that has the stubbornness of a 5-year old child and the temper of a grumpy old person constantly on the verge of explosion, it is sure that the autonomy of the company will by out of sync. It was 2 years ago that a CEO had almost single-handedly almost brought a company to its knees, sending shock throughout all corners of Wall Street. He went by the na
  • Woodrow wilsons war address to congress a rhetoric
    woodrow wilsons war address to congress a rhetorical analysis A Rhetorical Analysis Of Woodrow Wilson’s War Address to Congress With the status of the country’s belligerency heavily in question, an apprehensive President Woodrow Wilson prepared to request from an unmotivated and unprepared country a declaration of war against Germany. After exerting every attempt possible to retain the peace and honor of the United States, the President was finally forced to choose between the two, in which he
  • Angola
    Angola Angola, formerly Portuguese West Africa, is the seventh largest country in Africa. The country can be divided into three major regions: the coastal plain, a transition zone, and the vast inland plateau. Angola has a tropical climate with its vegetation including tropical rain forests, savannas, grasslands, palm trees and even deserts. A great variety of animal life ranging from elephants, rhinoceros, giraffes, and even crocodiles can also be found in this African country (Microsoft 1). V
  • Comparing and Contrast of Vietnam WAr
    Comparing and Contrast of Vietnam WAr A quarter of a century after the Fall of Saigon, Vietnam continues to exercise a powerful hold of the American psyche. No deployment of American troops abroad is considered without the infusion of the Vietnam question. No formulation of strategic policy can be completed without weighing the possibility of Vietnanization. Even the politics of a person cannot be discussed without taking into account his opinion on the Vietnam Ware. This national obsession wit
  • Freanch revalotion
    freanch revalotion French Revolution, cataclysmic political and social upheaval, extending from 1789 to 1799. The revolution resulted, among other things, in the overthrow of the Bourbon monarchy in France and in the establishment of the First Republic. It was generated by a vast complex of causes, the most important of which were the inability of the ruling classes of nobility, clergy, and bourgeoisie to come to grips with the problems of state, the indecisive nature of the monarch, extortiona
  • Holochaust and Its Psychological Effects
    Holochaust and Its Psychological Effects The Psychological Affects of the Holocaust The Holocaust was a tragic point in history which many people believe never happened. Others who survived it thought it should never have been. Not only did this affect the people who lived through it, it also affected everyone who was connected to those fortunate individuals who survived. The survivors were lucky to have made it but there are times when their memories and flashbacks have made them wish they wer
  • Oliver Cromwell
    Oliver Cromwell Oliver Cromwell, a Puritan fundamentalist and undefeated commander of the "Ironsides", forever changed the history of England with, perhaps, what he did not do, rather than what he did do after the success of the insurrection he led against Charles. Though rather unsuccessful as a politician, Cromwell, single-handedly redefining the art of war and military strategy, proved to be one of the greatest military geniuses of all time. Despite the professionally trained forces that oft
  • Oliver Cromwell
    Oliver Cromwell Oliver Cromwell, a Puritan fundamentalist and undefeated commander of the "Ironsides", forever changed the history of England with, perhaps, what he did not do, rather than what he did do after the success of the insurrection he led against Charles. Though rather unsuccessful as a politician, Cromwell, single-handedly redefining the art of war and military strategy, proved to be one of the greatest military geniuses of all time. Despite the professionally trained forces that oft
  • The French Revolution3
    The French Revolution3 The French Revolution French Revolution, cataclysmic political and social upheaval, extending from 1789 to 1799. The revolution resulted, among other things, in the overthrow of the Bourbon monarchy in France and in the establishment of the First Republic. It was generated by a vast complex of causes, the most important of which were the inability of the ruling classes of nobility, clergy, and bourgeoisie to come to grips with the problems of state, the indecisive nature
  • Germany stuff
    germany stuff Germany: The answer to an old Question Thesis: This paper will argue that Germany needs to secure itself as both the economic and political hegemon of Europe inside of the European Union; until its present condition and effectiveness in the global politics changes, instability in the European Union, as well as, basic fear of will always be present. I. Introduction II. Historical Perspective-The two negative factors A. Fear - twice in one century 1) Bismarck/Frederick II 2) Hitler
  • Holo
    holo THE HOLOCAUST Nearly six million Jews were killed and murdered in what was called the holocaust. In the years between 1933 and 1945, the Jews of Europe were marked for death. Inanition anti-Semitism was given legal sanction. It was directed by Adolf Hitler and managed by Heinne Himmler, Reinhard Heydrich, and Adolf Eichmann. There were many other great crimes and murders, such as the killing of the Armenians by the Turks , but the holocaust stood out as the "only systematic and organized e
  • Pearl Harbor and the Truth
    Pearl Harbor and the Truth Sasha Capelli Mr. Wilson U.S History 2-H April 6, 2001 The Day of Deceit or the Day of Infamy, or both? The surprise bombing of Pearl Harbor was the entire reason for the United States entrance into World War II. Many elements play into this event. For instance, the Japanese chose this site for several reasons. In addition, there are various theories that Franklin Delano Roosevelt was made aware of this attack, yet allowed it to occur. Known as The Day of Infamy ,
  • Terminello v Chicago
    Terminello v Chicago Terminiello v. Chicago Supreme Court of the United States Terminiello v. Chicago Certiorari to the Supreme Court of Illinois Issues: 1. Was Terminiellos right to free speech, which is protected under the Federal Constitution, violated, as applied in this case? 2. Was the Chicago ordinance, as defined in this case, unconstitutional in its contents because it failed to provide support for the First Amendment? 3. Was the inclusion of Terminiellos speech as a violation of the
  • Police have too much power
    Police have too much power In the past decade, many police departments have adopted a new theory that says serious crime can be reduced by controlling minor disorders and fixing up obvious signs of decay or litter. The theory is called broken windows, after a 1982 Atlantic Monthly magazine article by James Q. Wilson and George Kelling. The article argued that when low-level quality-of-life offenses were tolerated in a community, more serious crime would follow. According to this view, broken wi
  • Aggression1
    Aggression1 Aggression is a critical part of animal existence, which is an inherent driving force to humans, as we, too, are animals. The source of aggression within humans is a long summative list, but before trying to understand its source one must apply a working definition of aggression. Encyclopedia Britannica as any action of an animal that serves to injure an opponent or prey animal or to cause an opponent to retreat defines aggressive behavior. (7) David G. Myers states that aggression
  • Aggression2
    Aggression2 Aggression is a critical part of animal existence, which is an inherent driving force to humans, as well. The source of aggression within humans forms a long list, but before trying to understand its source one must understand a working definition of aggression. Encyclopedia Britannica defines it as any action of an animal that serves to injure an opponent or prey animal or to cause an opponent to retreat. David G. Myers states that aggression is any physical or verbal behavior inte
  • Aggression is a critical part of animal existence,
    Egg Aggression is a critical part of animal existence, which is an inherent driving force to humans, as we, too, are animals. The source of aggression within humans is a long summative list, but before trying to understand its source one must apply a working definition of aggression. Aggressive behavior is defined by Encyclopedia Britannica as any action of an animal that serves to injure an opponent or prey animal or to cause an opponent to retreat. (7) David G. Myers states that aggression is
  • None Provided9
    None Provided9 Aggression is a critical part of animal existence, which is an inherent driving force to humans, as we, too, are animals. The source of aggression within humans is a long summative list, but before trying to understand its source one must apply a working definition of aggression. Encyclopedia Britannica as any action of an animal that serves to injure an opponent or prey animal or to cause an opponent to retreat defines aggressive behavior. (7) David G. Myers states that aggressi
  • Perception Without Awareness What Cruel Acts of Fa
    Perception Without Awareness What Cruel Acts of Fate Teach Us About Brain Function Much of the research and discoveries regarding how our brain functions can be attributed to cruel acts of fate- the brain injuries and disorders which damage key areas of the brain. It is through studying how these injuries and disorders affect human behavior, that we gain insight into how different brain structures contribute to human functional capability. The literature of neuropsychology is filled with countl
  • CubaCuban Missile Crisis
    CubaCuban Missile Crisis Thousands of minuscule ripples protrude from the vast Atlantic Ocean. The sun, old in its day and weary of shining down upon the blue green sea begins to set. Almost as if to save the best for last, a brilliant mirage of orange and red color is cast upon the busy waves. Nowhere on this planet is this image captured so brilliantly as in the Caribbean, and nowhere on the earth is such a surreal scene captured daily. This heaven on Earth is a painter¡¦s paradise, a travel