Monopoly - Meaning in Malayalam
Monopoly - Meaning in Malayalam
noun
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Monopoly Word Forms & Inflections
Definitions and Meaning of Monopoly in English
Monopoly noun
- a board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die
monopoly noun
- exclusive control or possession of something
Synonyms
monopoly, monopoly
ഏകാധികാരം, ...Subscribe
Example
- "They have no monopoly on intelligence"
- (economics) a market in which there are many buyers but only one seller
Synonyms
monopoly, monopoly
Examples
- "a monopoly on silver"
- "when you have a monopoly you can ask any price you like"
Description
A monopoly, as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterised by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb monopolise or monopolize refers to the process by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry.
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What is Monopoly meaning in Malayalam?
The word or phrase Monopoly refers to a board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die, or exclusive control or possession of something, or (economics) a market in which there are many buyers but only one seller. See Monopoly meaning in Malayalam, Monopoly definition, translation and meaning of Monopoly in Malayalam. Learn and practice the pronunciation of Monopoly. Find the answer of what is the meaning of Monopoly in Malayalam.
Other languages: Monopoly meaning in Hindi
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What is Monopoly meaning in Malayalam, Monopoly translation in Malayalam, Monopoly definition, pronunciations and examples of Monopoly in Malayalam.
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