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How to pronounce “natural monopoly”
Hear “natural monopoly” in real YouTube speech, then study definitions and example sentence snippets.
Pronunciation guide for natural monopoly
- Learning goal
- Practice the English pronunciation of natural monopoly with real speech in context.
- Available examples
- 0 YouTube examples
- Definition summary
- Control over the market for a product which occurs when a firm gains large benefit from economies of scale, or from a superior business model or product, and is thus able to produce a very large percentage of the total market demand for a given product and unintentionally exclude meaningful competition via price structures.
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A Deep Dive Into “natural monopoly”
Meaning
- [Noun]
- Control over the market for a product which occurs when a firm gains large benefit from economies of scale, or from a superior business model or product, and is thus able to produce a very large percentage of the total market demand for a given product and unintentionally exclude meaningful competition via price structures.
Practice Nearby Words
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