natural monopoly

nat·u·ral mo·nop·o·ly

N n

- US Pronunciation
- US IPA
- [nach-er-uh l, nach-ruh l muh-nop-uh-lee]
- /ˈnætʃ ər əl, ˈnætʃ rəl məˈnɒp ə li/

- US Pronunciation
- US IPA
- [nach-er-uh l, nach-ruh l muh-nop-uh-lee]
- /ˈnætʃ ər əl, ˈnætʃ rəl məˈnɒp ə li/

Definitions of natural monopoly words

noun natural monopoly 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 0
noun natural monopoly 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. 0

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exclamation

This term is known only to a narrow circle of people with rare knowledge. Only 7% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

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