0
The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product., Exclusive possession; as, a monopoly of land., The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.
What else can I help you with?
What is the meaning of tobacco monopoly?
thind
Which best explains what compression is?
Packing a lot of meaning into a few
Which term best explains what exists when one person or company had exclusive control over a particular good or service?
The term that best explains this situation is "monopoly." A monopoly occurs when a single person or company has exclusive control over the production and distribution of a particular good or service, allowing them to set prices and limit competition. This can often lead to market inefficiencies and reduced choices for consumers.
What is the meaning of basic market models?
the meaning of market models is competition derived from pure competition meaning many sellers, monopolistic competition meaning most sellers, oligopoly competition meaning few sellers and pure monopoly meaning one seller.
Which term best explains when one person or company has exclusive control over a particular good or service?
The term that best explains when one person or company has exclusive control over a particular good or service is "monopoly." In a monopoly, the monopolist has the ability to set prices and control supply without competition, often leading to higher prices and reduced consumer choice. Monopolies can arise through various means, such as patents, exclusive contracts, or government regulation.
What is the meaning of tobacco monopoly?
thind
Which branch explains meaning of treaties?
of Treaty
Which term best explains what's exists when one person or company has exclusive control over a particular good or service?
Monopoly
Who explains the meaning of Christmas in A Charlie Brown Christmas?
Linus
Which best explains what compression is?
Packing a lot of meaning into a few
What best explains the meaning of the term content in poetry?
The ideas or meaning in the poem
What is a four letter word meaning a story that explains life?
fate?
What is the Root word of explicit?
'Explicit' is a Latin word meaning 'he, she, or it explains'.
What term best explains what exists when one person or company has exclusive control over a particular good or service?
When a single person or company has exclusive control over a good or service it is called a monopoly. Monopolies are characterized by a lack of competition in the market.
What is The operation of an oil cartel in the Middle East is perceived by some to be an example of market failure?
we first can talk about the cartel, and then we have to say the meaning of monopoly and how this cartel seems it is monopoly but it is not and talk about the market failure
Understanding the intended audience of a media piece helps you?
It explains the purpose and meaning of the media piece.
What is the meaning of basic market models?
the meaning of market models is competition derived from pure competition meaning many sellers, monopolistic competition meaning most sellers, oligopoly competition meaning few sellers and pure monopoly meaning one seller.
