What are examples of a monopoly in economics?

Answer 1

Married couple

Answer 2

Monopoly is an exclusive control by one group of the way of producing or selling a commodity or service. Examples of this could include the fact that the United States Postal Service can only deliver first class mail, and only alcohol can be sold by government-run corporations. About 20 years ago the phone company was only BELL, Bell South, Pacific Bell, Central Bell.

Answer 3

One possible example would be that of Microsoft, dominating the world of computers with their Windows operating system. Some people argue that Macs qualify in the race, but truthfully, Windows prevails in most desktop and laptop computers around the world.

Answer 4

A monopoly is one entities complete control over the supply of a particular good or service. Governments or Businesses can have monopolies in markets. Classic examples include telephone companies or railroad companies having monopolies over their respective industries however some of these examples may no longer hold true. A more recent example is the satellite radio industry. When XM and Sirius merged they became a US monopoly.

Answer 5

Easiest example:

Electricity

Water

Gas

A bit more complicated one:

Microsoft (having large percentage, not all of the market)

Answer 6

Married couple

Answer 7

Trains,currency printing,

Answer 8

Google