Business terms and jargon explained. Your business dictionary

What is Monopoly

Is when one seller dominates a particular market. Usually to the extent that it can control the market pricing and demand. It usually uses this power to drive out competition and maximize profits.

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Profit Center Satisfactory Quality mutatis mutandis MINT
Case Cost per Thousand Monopoly Private Motor Vehicle
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GTC Big Four Money Supply Abbreviated Accounts
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Term created / updated 2005-07-16 23:12:15

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