单词 | natural monopoly |
释义 | Word Frequency natural monopoly(ˈnætʃərəl məˈnɒpəlɪ) noun economics the situation when, due to the economies of scale of a particular industry, the maximum efficiency of production and distribution is realized through a single supplier Some markets would still not be open to competition, whether from home or abroad,either because as natural monopolies they could not support more than one supplier,or because entrenched monopolies and oligopolies would keep competitors out. |
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