Monopoly
A. Koutsoyiannis
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A. Koutsoyiannis: University of Waterloo
Chapter 6 in Modern Microeconomics, 1975, pp 171-191 from Palgrave Macmillan
Abstract:
Abstract Monopoly is a market structure in which there is a single seller, there are no close substitutes for the commodity it produces and there are barriers to entry.
Keywords: Market Demand; Demand Curve; Supply Curve; Normal Profit; Pure Competition (search for similar items in EconPapers)
Date: 1975
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15603-0_6
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DOI: 10.1007/978-1-349-15603-0_6
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