doing+nothing
131Natural monopoly — A monopoly describes a situation where all (or most) sales in a market are undertaken by a single firm. A natural monopoly by contrast is a condition on the cost technology of an industry whereby it is most efficient (involving the lowest long… …
132Seneca the Younger — Ancient bust of Seneca, part of a double herm (Antikensammlung Berlin) Lucius Annaeus Seneca (often known simply as Seneca) (ca. 4 BC – 65 AD) was a Roman Stoic philosopher, statesman, dramatist, and in one work humorist, of the Silver Age of… …
