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Ways that may be used by a monopoly to differentiate a product market include;Geographically - exported goods are sold at cheaper price in the country of manufacture than in foreign country.Time-peak and off peakType of demand e.g. demand for electricity of domestic use and commercial useIncome e.g. in hospitals
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Common Market for Eastern and Southern Africa (COMESA) formed;To eliminate taxes on goods produces within the member statesTo create a common market for goods produced in the member countriesTo enable member states to increase the use of their raw materialsTo promote transport and communication between member countriesTo raise the standards of living of its peopleTo foster closer relations among its members statesTo cooperate in the promotion of peace, security and stability among the member state.To strengthen the relationship between member states and the rest of the world.
The purpose of safety ridge near the lips of a tyre rim is to prevent the tyre from moving into the drop center of the rim when the tyre blows and thus coming off the wheel.
Demerits a firm may experience as a result of growth of the entire industry are;Scramble for raw materialsNon-availability of land for expansionScramble for available skilled labourCompetition for available marketsEasy target especially in times of war