Question

can denel be regarded as a monopoly in south africa?

Answer 1

Answer:

Yes, Denel can be regarded as Monopoly in South Africa

Explanation:

Denel is an aerospace company in South Africa; it is a state-owned company. It works in artillery, military equipment, and missile technology.

Denel is a major weaponry industry in South Africa. Due to defense technology provided by Denel. it is completely controlled by the state of South Africa

Due to restriction and barrier by the government, no other company provide any goods related to defense technology

Hence Denel can be considered Monopoly.

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Answer 2

Denel be regarded as a monopoly in South Africa.

• Denel can actual be known as a public monopoly at this time.
• Privatizing a public monopoly, consistent with famous wisdom, does now no longer abolish the monopoly's energy or the opportunity of misusing it on the rate of customers.
• Without competition, the monopolist can be compelled to lessen manufacturing and, as a result, improve prices.
• Concerns have additionally been expressed concerning task losses, especially in South Africa, which has a excessive unemployment rate, in addition to unregulated weapon income and exports, especially to fundamentalists and international locations with a negative human rights record.

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