Meaning of the word monopoly
WebThe growing use of the typewriter and the telephone after the 1870s created two new employment niches for women, as typists and telephonists, but in both fields the result was again to institutionalize a permanent category of low-paid, low-status women’s work.The word “brutal” in paragraph 4 is closest in meaning to _____. WebMar 4, 2024 · monopoly and competition, basic factors in the structure of economic markets. In economics, monopoly and competition signify certain complex relations among firms in an industry. A monopoly implies an exclusive possession of a market by a supplier of a product or a service for which there is no substitute. In this situation the supplier is …
Meaning of the word monopoly
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WebA monopoly is a supplier of a product or service that has no competitors – it is the sole provider in a market. Some people also include a market with just two or three suppliers – but that is not a ‘pure monopoly’. The word monopoly may refer to the situation in which there is only one supplier of a product or a service, or the supplier itself. WebDec 6, 2024 · The word “monopoly” originates from the ancient Greek: “mono,” meaning single, and “poly,” meaning seller. But there are a variety of reasons why there may be only …
Webabsolute monopoly definition: a situation where only one company, country, etc. produces and sells a particular product: . Learn more.
Web[usually singular] monopoly in/of/on something the complete control, possession or use of something; a thing that belongs only to one person or group and that other people cannot … WebThat is how that term is used here: a "monopolist" is a firm with significant and durable market power. Courts look at the firm's market share, but typically do not find monopoly power if the firm (or a group of firms acting in concert) has less than 50 percent of the sales of a particular product or service within a certain geographic area.
Webmonopoly noun [ C or S ] uk / məˈnɒp. ə l.i / us / məˈnɑː.p ə l.i / C2 (an organization or group that has) complete control of something, especially an area of business, so that others …
WebJul 28, 2024 · See definition of monopoly on Dictionary.com noun something held, owned exclusively synonyms for monopoly Compare Synonyms cartel holding ownership patent … ottawa senators record this yearWebBritannica Dictionary definition of MONOPOLY 1 [count] a : complete control of the entire supply of goods or of a service in a certain area or market The company has … rockville north carolinaWeba situation in which one company or person or a government has no competition in the sale of a particular product or service and is able to control its supply and price: … ottawa senators roster 1997WebWhat does monopoly mean in business? A monopoly is a dominant position of an industry or a sector by one company, to the point of excluding all other viable competitors. Monopolies are often discouraged in free-market nations. Which is the closest antonym for the word painstakingly? antonyms for painstakingly. ottawa senators roster 1996WebWords Related to Monopoly Related words are words that are directly connected to each other through their meaning, even if they are not synonyms or antonyms. This connection may be general or specific, or the words may appear … rockville north endoscopy centerWebJan 3, 2013 · The word monopoly is quite ancient, deriving from the Latin word monopolium, which in turn came from the Greek word monopolion, meaning “right of exclusive sale”.More literally, it could be translated as “sole sale”. The original roots for the word are mono-(derived from monos, meaning “single, alone”) and polein (meaning “to sell”). rockville office furnitureWebMonopoly, real-estate board game for two to eight players, in which the player’s goal is to remain financially solvent while forcing opponents into bankruptcy by buying and developing pieces of property. ottawa senators roster 1991