Monopolies competition in the market.

In a
monopoly, a producer controls the market because it is able to meet the demands of all consumers.

In a
monopoly, a producer controls the market by the authority of the government, and private production cannot take place.

In a
monopoly, a producer controls the market by holding a patent on the process of creating a specific good.

Along wire of diameter 1 mm is submerged in an oil bath of temperature ∞ 31°c. the wire has an electrical resistance per unit length of 0.01 ω/m. if a current of 103 a flows through the wire and the convection coefficient is 500 w/m2·k, what is the steady-state temperature of the wire? from the time the current is applied, how long does it take for the wire to reach a temperature that is within 1°c of the steady-state value? the properties of the wire are 8000 kg/m3, 500 j/kg·k, and 20 w/m·k.