How to use in-sentence of “monopoly”:
– The natural monopoly term is usually used to describe markets that have very high fixed costs compared to the marginal costs of selling the good or service, creating economies of scale that are large compared to the size of the market and hence resulting in very high barriers to entry.
– People play Monopoly for different reasons.
– A natural monopoly is a type of monopoly in which it is the only seller and producer of a good or service.
– He considered the monopoly force of government the greatest danger to liberty and the long-term well-being of the people.
– Many countries, including the United States, have laws to stop companies from having a monopoly or to limit the actions that they can do as a monopoly.
– It ended with the English Navy gaining control of these seas and a monopoly over trade with the English colonies.
– In the 1950s, Lied der Zeit became VEB Deutsche Schallplatten, a state-owned company that had a monopoly on making records.
Example sentences of “monopoly”:
– Only the forced Japanese internment in WW2 put a halt to the monopoly the Japanese had on fishing in British Columbia.
– It has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland.
– In October 2020, the United States Federal government of the United StatesGovernment Anti-Trust Lawsuit against Alphabet Inc over Googles monopoly on Search.
– Hence, governments tend to make laws that controls what the natural monopoly does, mainly to set prices at an affordable level.
– Throughout the 17th century, the increasing predations and surrounding of Portuguese trading posts in the East by the Dutch, English and French, and their rapidly growing intrusion into the Atlantic slave trade, undermined Portugal’s near monopoly on the lucrative oceanic spice and slave trades.
– The administration of the parish system relied on the monopoly of the Church of England.
– It was “a compulsory monopoly of force” which prevented the more efficient voluntary procurement of defense and judicial services from competing suppliers.
– Jersey Telecom is the former monopoly incumbent operator in the Bailiwick of Jersey.
– Suominen left parliament to become CEO of state monopoly Alko.
– England tried to end the Dutch monopoly over world trade.
– On the surface, it will limit the monopoly of big company.
– There was unease that the Nürburgring was being given a monopoly for the European GP.
– In economics, a monopoly is a single producer of a product or service.
– However, there are people who believe that a monopoly may become complacent and not do innovation at all as there is no competition in the market.
– A monopoly is a type of firm that wants to make its profits as big as possible, and as the market does not have any other large firms, the monopoly is able to set prices on their products or services.
– At a higher level, teachers can use Monopoly to teach microeconomics principles.
– The Dutch East India Company, started in 1602, when the Netherlands gave a group of small trading companies a 21-year monopoly to trade in Asia.
– Hence, the monopoly would set a price that would maximize the profits that they gain, but cause the consumers to have to pay more for the same good.
– The Royal Charter gave the newly created “Honourable East India Company” a 15-year monopoly on all trade in the East Indies.
– For example, The 1970’s Monopoly has spaces depicting the fashion of the time.
- Only the forced Japanese internment in WW2 put a halt to the monopoly the Japanese had on fishing in British Columbia.
- It has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland.