Home > Terms > Croatian (HR) > prirodni monopol
prirodni monopol
A situation where one firm can produce a given level of output at a lower total cost than can any combination of multiple firms. Natural monopolies occur in industries which exhibit decreasing average long-run costs due to size (economies of scale). According to economic theory, a public monopoly governed by regulation is justified when an industry exhibits natural monopoly characteristics.
0
0
Verbeter het
- Deel van toespraak: noun
- Synoniem(en):
- Blossary:
- Industrie/Domein: Energy
- Category: General
- Company: California Energy Commission
- Product:
- Acroniem-Afkorting:
Andere talen:
Wat wilt u zeggen?
Terms in the News
Featured Terms
rezultat učenja
Krajnji rezultat učenja; ono što je osoba naučila.
Donateur
Featured blossaries
Browers Terms By Category
- Digital Signal Processors (DSP)(1099)
- Test equipment(1007)
- Semiconductor quality(321)
- Silicon wafer(101)
- Components, parts & accessories(10)
- Process equipment(6)
Semiconductors(2548) Terms
- Marketing communications(549)
- Online advertising(216)
- Billboard advertising(152)
- Television advertising(72)
- Radio advertising(57)
- New media advertising(40)
Advertising(1107) Terms
- Bread(293)
- Cookies(91)
- Pastries(81)
- Cakes(69)
Baked goods(534) Terms
- Poker(470)
- Chess(315)
- Bingo(205)
- Consoles(165)
- Computer games(126)
- Gaming accessories(9)
Games(1301) Terms
- Nightclub terms(32)
- Bar terms(31)