Monopoly

Ryan, W. J. L.; Pearce, D. W.

doi:10.1007/978-1-349-17334-1_13

W. J. L. Ryan³ &
D. W. Pearce⁴

24 Accesses
4 Citations

Abstract

A monopoly market will be said to exist when there is one seller and many buyers of a homogeneous commodity. Because of this dominance of the market by one seller, we shall discover that a monopolist has power to fix the price for the product he sells.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Author information

Authors and Affiliations

University of Dublin, Eire, Ireland
W. J. L. Ryan (Professor of Political Economy)
University of Aberdeen, UK
D. W. Pearce (Professor of Political Economy)

Authors

W. J. L. Ryan
View author publications
You can also search for this author in PubMed Google Scholar
D. W. Pearce
View author publications
You can also search for this author in PubMed Google Scholar

Copyright information

About this chapter

Cite this chapter

Ryan, W.J.L., Pearce, D.W. (1977). Monopoly. In: Price Theory. Palgrave, London. https://doi.org/10.1007/978-1-349-17334-1_13

Download citation

DOI: https://doi.org/10.1007/978-1-349-17334-1_13
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-17913-0
Online ISBN: 978-1-349-17334-1
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)

Publish with us

Policies and ethics