Monopoly: Advantages and Disadvantages
6 Pages Posted: 21 Mar 2011
Date Written: March 15, 2011
Economy is among us everywhere. Monopoly is one of the key elements of it. The aim of this article is to highlight and describe the advantages and disadvantages that a monopoly situation has. The most interesting part of the article refers to the advantages of the monopoly, things that many people don’t imagine and know about.
Keywords: market, monopoly, advantages, disadvantages, market power, influence, enterprise, price
JEL Classification: L12, D42, D49
Suggested Citation: Suggested Citation