| 单词 | monopolistic competition |
| 释义 | > as lemmasmonopolistic competition monopolistic competition n. Economics competition where at least one of the trading bodies has a monopoly. ΘΚΠ society > trade and finance > trading conditions > [noun] > competition competition1793 imperfect1837 monopolistic competition1908 1908 Jrnl. Polit. Econ. 16 363 Astor's company operated..with sufficiently large resources to enable it to employ against its rivals every device known to monopolistic competition. 1933 E. H. Chamberlin Theory Monopol. Competition iv. 69 Monopolistic competition..concerns itself not only with the problem of an individual equilibrium (the ordinary theory of monopoly), but also with that of a group equilibrium (the adjustment of economic forces within a group of competing monopolists, ordinarily regarded merely as a group of competitors). 1942 W. B. Taylor Financial Policies Business Enterprise xxxi. 750 The warp and woof of business enterprise are interwoven with ever-changing threads of competition and monopoly; and when both are found co-existing in a given enterprise, that business is said to be carrying on its functions under conditions of monopolistic competition. 1996 Jrnl. Econ. Lit. 34 2287/2 A dynamic general equilibrium model is constructed with the introduction of monopolistic competition and nominal price rigidity. < as lemmas |
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