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What does monopoly means?

Updated: 12/16/2022
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Wiki User

11y ago

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Monoply is a right granted for one person or group to control buying or selling.

In other words a Monoply is the complete control of a trade or business

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Demetrius Parisian

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1y ago
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Q: What does monopoly means?
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Related questions

What does a monopoly employing horizontal integration means?

A monopoly employing horizontal integration means what?


What is the number of firms in a monopoly?

Mono means one So monopoly means one business controls all of a market.


Can you know what is monopoly?

It means a jackpot


Which terms means complete control over a particular industry or trade?

it means monopoly


Give you give me an example of a monopoly?

Mono refers to one. A monopoly means that one person or on family possesses or own everything or many businesses.


Means almost full control of an industry or business?

monopoly


Means almost full control of a business or industry?

Monopoly


What does the prefix mono mean in the word monopoly?

It means 1.


How can I use a Monopoly game image?

The images in Monopoly are copyright, which means you will need legal permission from the games copyright holders to publish the image.


Is there a real location known as monopoly?

No. Monopoly is not a place, it's an economic term. It means that the entire market for a product is controlled by a single company.


Means almost full control of a business of industry?

monopolyMonopoly


How might monopoly affect prices?

a monopoly if it has a high demand can push prices up simply people will pay for something that is in demand where as a monopoly with low demand will carry on selling the item for less but the way a monopoly works means that the person who is operating the monopoly will shift the supply lower to always push the price up.