Monopoly: Advantages and Disadvantages

6 Pages Posted: 21 Mar 2011

See all articles by Petru Mihail Carare

Petru Mihail Carare

Alexandru Ioan Cuza University - Faculty of Economics and Business Administration

Date Written: March 15, 2011

Abstract

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

Carare, Petru Mihail, Monopoly: Advantages and Disadvantages (March 15, 2011). Available at SSRN: https://ssrn.com/abstract=1787089 or http://dx.doi.org/10.2139/ssrn.1787089

Petru Mihail Carare (Contact Author)

Alexandru Ioan Cuza University - Faculty of Economics and Business Administration ( email )

Bd. Carol I no.22
Iasi, iasi RO-700505
Romania

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