Monopoly - 234 Words
Monopoly, also known as a monopoly seller, selling alone, exclusive, generally refers only to one or more sellers in the market, through one or more stages, in the face of competitive consumer; and monopsony opposite. Monopoly on the market, can freely adjust the price and yield (not simultaneously adjust). Monopoly can be legally exclusive privilege to control sources of supply, or together or work together to achieve the behavior of enterprises. 
China since ancient times called...
234 Words | 1 Page