| 词汇 | natural-monopoly |
| 语种 | 英语、汉语、英汉翻译、汉英翻译 |
| 释义 | natural monopoly noun[ C or U ] ECONOMICS, COMMERCEukus a situation in which one company is able to supply the whole market for a product or service more cheaply than two or more companies could: Technology has moved on, turning what was once a natural monopoly into a potentially competitive market. Examples of natural monopolynatural monopoly Developments in technology have eroded some of the naturalmonopoly aspects of traditional public utilities. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. On the other hand, tropical regions had a naturalmonopoly in the production of certain raw materials. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Naturalmonopoly, or the overlapping concepts of practical and technical monopoly, is an extreme case of "failure of competition" as a restraint on producers. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. If the most efficient size firm serves the whole market, we have a naturalmonopoly, and no other firms will rush to enter. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A naturalmonopoly occurs where the average cost of production declines throughout the relevant range of product demand. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The higher the barriers to entry and exit, the more prone a market tends to be a naturalmonopoly. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The government keeps them as strategic assets or because they are naturalmonopoly. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A naturalmonopoly has a very different cost structure. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These goods are often provided by a naturalmonopoly. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This is because every scholarly journal has a naturalmonopoly over the information of its field. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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