Category:Monopoly (economics)

Articles related to monopoly, the situation when a specific person or enterprise is the only supplier of a particular commodity. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market.[1] Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit.

  1. ^ Milton Friedman (February 2002) [1962]. "VIII: Monopoly and the Social Responsibility of Business and Labor". Capitalism and Freedom (paperback) (40th anniversary ed.). The University of Chicago Press. p. 208. ISBN 0-226-26421-1.

Subcategories

This category has the following 6 subcategories, out of 6 total.

 

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Pages in category "Monopoly (economics)"

The following 79 pages are in this category, out of 79 total. This list may not reflect recent changes (learn more).