Financial Terms Canada - monopoly
exclusive control or possession of something; "They have no monopoly on intelligence" ...
A exists where there is only one supplier of a product or service. This allows the supplier to charge higher prices than if there was competition.
A monopoly is when one company dominates the market for a particular good or service.
David R. Henderson
The main kind of that is both persistent and not caused by the government is what economists call a 'natural' .
Related Category: Economics: Terms and Concepts
(mnp´l), market condition in which there is only one seller of a certain commodity; by virtue of the long-run control over supply, ...
Literally, "single seller." A situation in which a single firm or individual produces and sells the entire output of some good or service available within a given market.
control of the production and distribution of a product or service by one firm or a group of firms acting in concert.
/ Monopolistic Competitiion
The application has the same average cost curve and marginal cost curves as the Perfect Competition application.
A monopoly is a market in which buyers are faced with only a single seller. The result is an absence of competition which can lead to high prices and inferior products. The opposite situation in which one buyer faces many sellers is a monopsony.
Definition: Supernormal profits earned by producers. They can also be called abnormal profits.
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Definition: Industry where the most efficient producer is a monopoly.
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A situation in which there is only one customer for a company's product. also called monopsony.
market is one in which the leading company has at least 73.9% of the Market. See also: Market share.
When the production of a good or service with no close substitutes is carried out by a single firm with the MARKET POWER to decide the PRICE of its OUTPUT.
A firm that has great control over the price of a good. In the extreme case, a is the only seller of a good or service.
Monopsonist A single buyer.
monopoly one firm in an industry selling a product for which there are no close substitutes. (10)
monopsony a situation in which there is a single buyer of a particular good or service in a given market. (12) ...
- Exclusive control or possession by one group of the means of producing or selling goods or services.
More Flexible Exchange Rate System - The International Monetary Fund's name for a floating exchange rate system.
Absolute control of all sales and distribution in a market by one firm, due to some barrier to entry of other firms, allowing the firm to sell at a higher price than the socially optimal price.
Monte Carlo simulation ...
- A situation in which one company or organisation has complete control of all, or nearly all, of the market for a particular type of product or service.
Mont Belvieu Propane
Moody's Seasoned Corporate Bond Yield ...
- A market structure where there is one firm who dominates the industry. In the UK a is defined as when a firm controls more than 25% of the market.
Monopsony - A market with a single buyer or employer.
Business / Finance / Pure Monopoly: A market in which only one firm has total control over the entire market for a product due to some sort of barrier to entry for other firms, often a patent held by the controlling firm. MORE ...
A government-regulated firm that is legally entitled to be the only company offering a particular service in a particular area.
A market in which only one firm has total control over the entire market for a product due to some sort of barrier to entry for other firms, often a patent held by the controlling firm.
Put Option ...
Some returns are associated with legally enforced monopolies like patents or copyrights. In addition, companies like Microsoft and Intel have important de facto monopolies that can be quite valuable.
Natural monopoly. A situation that occurs when one firm in an industry can serve the entire market at a lower cost than would be possible if the industry were composed of many smaller firms.
PROFIT: Economic profit generated as a result of a firm's market control. It's termed profit as a reflection of the most prominent market structure with market control--.
downward sloping longrun average cost curve, ie. natural monopoly
price discrimination ...
Pure exists when there is only one supplier in the market. In practice significant power can be achieved through a large market share (25% or more).
Moores Law ...
A company that is operating as a monopoly under a government mandate.
A market with a single seller and a single buyer.
The state when a single company or person controls the market for a given service or product. In the UK, the Monopolies and Mergers Commissi...(Read more)
See also: Index, Perfect competition, Population, Feedback, Sector