MAKS Services Limited (MSL): Manning with Monopoly?
Karimnagar is a municipal corporation and the fourth largest city in the Indian State of Telangana after Hyderabad, Warangal and Nizamabad. The city is located 165 kilometres north of Hyderabad (the state capital), on the banks of Manair River (a tributary of the Godavari River). It is also the district headquarter of Karimnagar district.1
Many companies are located in the district. All these companies are from either agriculture, engineering, forest, mineral or animal husbandry sectors. As of 2011, there were 9018 Small Scale Industries existing in the District providing employment to 79,373 people. Most of the Small Scale Industries were Rice Mills, Parboiled Rice Mills, Seed Processing, Packaged Drinking Water, Flour, Chilly and Turmeric Mills, Saw Mills, Wooden Furniture, Power Looms, Readymade Garments Manufacturing, Stone Crushers, General Engineering Works, Milk Processing, Silver Filigree, Flex Printing, Screen Printing, Cotton Ginning Mill, Granite Processing, Cement Fly Ash, Clay Bricks, Paper and Tiles, Stone Dressing, Cement and Concrete Pipes, Motor Vehicle Repair, etc.........................
Assignment Questions
I. What do you understand by Imperfect Competition? What are the various types of imperfect competition? What do you think are the factors responsible for the creation of the different types of market structures?
II. What do you understand by Monopoly and what is its behavior? What are the different types/reasons for monopoly? What do you understand by a competitive monopoly and can you make a reasonable case for competitive monopoly?
III......................
Exhibit
Exhibit I: Price Charged by MSL for Personnel Provided and Cost to MSL