Economics Dictionary of ArgumentsHome
| |||
|
| |||
| Monopolies - Economics Dictionary of Arguments | |||
| Monopolies: In economics, a monopole refers to a market structure dominated by a single seller or producer, controlling the entire supply of a particular good or service. This unique market position grants the entity significant control over pricing, often leading to higher prices and limited consumer choice due to the absence of direct competitors. See also Progress, Supply, Demand, Price, Markets._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Friedman, Milton | Monopolies | Friedman, Milton | |
| Hirschman, Albert O. | Monopolies | Hirschman, Albert O. | |
|
Ed. Martin Schulz, access date 2024-04-20 | |||
