Monopoly Price
Barron's Business Dictionary:
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Monopoly Price
equilibrium price arrived at in a market in which the supply is a monopoly. According to economic theory, the monopoly price is higher than the price that would prevail if competition existed.
| Monopoly, Monopolist, Monitor | |
| Monopsony, Monte Carlo, Monthly Investment Plan |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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