Advertisement - Remove

monopoly - Meaning in Gujarati

IPA: mənɑpəliGujarati: મનાપલી

translation


Translated by SHABDKOSH translator.

Monopoly - Meaning in Gujarati

Sorry, exact match is not available in the bilingual dictionary.

13

We are constantly improving our dictionaries. Still, it is possible that some words are not available. You can ask other members in forums, or send us email. We will try and help.

Definitions and Meaning of monopoly in English

Monopoly noun

  1. a board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die

    Synonyms

    Monopoly, Monopoly

monopoly noun

  1. exclusive control or possession of something

    એકાધિકાર, ...

    Example

    • "They have no monopoly on intelligence"
  2. (economics) a market in which there are many buyers but only one seller

    Examples

    • "a monopoly on silver"
    • "when you have a monopoly you can ask any price you like"

Description

A monopoly, as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterised by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb monopolise or monopolize refers to the process by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry.

Also see "Monopoly" on Wikipedia

What is monopoly meaning in Gujarati?

The word or phrase monopoly refers to a board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die, or exclusive control or possession of something, or (economics) a market in which there are many buyers but only one seller. See monopoly meaning in Gujarati, monopoly definition, translation and meaning of monopoly in Gujarati. Learn and practice the pronunciation of monopoly. Find the answer of what is the meaning of monopoly in Gujarati.

Other languages: monopoly meaning in Hindi

Tags for the entry "monopoly"

What is monopoly meaning in Gujarati, monopoly translation in Gujarati, monopoly definition, pronunciations and examples of monopoly in Gujarati.

Advertisement - Remove

SHABDKOSH Apps

Download SHABDKOSH Apps for Android and iOS
SHABDKOSH Logo Shabdkosh  Premium

Ad-free experience & much more

Difference between I and Me

We all know how confused we get when it come to talking in English. Here is an article trying to simplify the I and Me in English language so that you… Read more »

Using plural forms to show respect in Hindi

The proper usage of honorific system of every language is important to understand the basics of the language. This article gives you a basic… Read more »

Learn to pronounce these difficult words in English

Add something new to your language every time you speak. These words might help you upgrade your language knowledge. Read more »
Advertisement - Remove

Our Apps are nice too!

Dictionary. Translation. Vocabulary.
Games. Quotes. Forums. Lists. And more...

Vocabulary & Quizzes

Try our vocabulary lists and quizzes.