Technical English Course 2 3 4

Course Monopoly The Economy Stuffers From Many Problems That Lead Global Crises Monopoly Made Two Words Mono And Poly Mono

File analysis & info

Content breakdown

Course 2 Monopoly The Economy Stuffers From Many Problems That Lead To Global Crises Monopoly Is Made Of Two Words Mono And Poly Mono Means Single And Poly Means Seller Thus Monopoly Refers To A Market Situation Where One Firm Or A Group Of Firms Which Are Combined To Have Email A Control Over The Supply Of The Product In Other Words Monopoly Is A Market Situation In Which There Is Only One Seller Of A Product With Barriers To Entry Of Other Kinds Of Monopoly Monopoly Is Of Following Kinds 1 Simple Monopoly A Simple Monopoly Firm Charges A Uniform Price For Its Output Sold To All The Buyers While A Discriminating Monopoly Firm Charges Different Prices For The Same Product To Different Buyers A Simple Monopoly Operates In A Single Market A Discriminating Monopoly Operates In More Than One Market 2 Imperfect Monopoly Pure Monopoly Is That Type Of Monopoly In Which A Single Firm Which Controls The Supply Of A Commodity Which Has No Subst

Loading content...