| 单词 | natural monopoly |
| 释义 | natural monopoly noun[CorU] ECONOMICS,COMMERCEukusasituationin which onecompanyisabletosupplythewholemarketfor aproductorservicemorecheaplythan two or morecompaniescould: Technology hasmovedon,turningwhat wasonceanaturalmonopolyinto apotentiallycompetitivemarket. Examplesofnatural monopolynatural monopoly Developments in technology have eroded some of thenaturalmonopolyaspects 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 anaturalmonopolyin 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 anaturalmonopoly, 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.Anaturalmonopolyoccurs 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 anaturalmonopoly. 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 arenaturalmonopoly. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Anaturalmonopolyhas 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 anaturalmonopoly. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.This is because every scholarly journal has anaturalmonopolyover 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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