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Monopoly

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Modern Microeconomics

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Abstract

Monopoly is a market structure in which there is a single seller, there are no close substitutes for the commodity it produces and there are barriers to entry.

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Monopoly

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Author information

Authors and Affiliations

  1. University of Ottawa, Ontario, Canada

    A. Koutsoyiannis (Professor of Economics)

Authors
  1. A. Koutsoyiannis
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Copyright information

© 1979 A. Koutsoyiannis

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Cite this chapter

Koutsoyiannis, A. (1979). Monopoly. In: Modern Microeconomics. Palgrave, London. https://doi.org/10.1007/978-1-349-16077-8_6

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