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Monopoly

  • A. Koutsoyiannis

Abstract

Monopoly is a market structure in which there is a single seller, there are no close substitutes for the commodity it produces and there are barriers to entry.

Keywords

Market Demand Demand Curve Supply Curve Normal Profit Pure Competition 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© A. Koutsoyiannis 1975

Authors and Affiliations

  • A. Koutsoyiannis
    • 1
  1. 1.University of WaterlooCanada

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