Speakur

Word Pronunciation & Dictionary

natural monopoly

Word Rarity Rare

Frequency: Zipf frequency 3.82 in modern English

Syllables
nat-u-ral -monopoly
IPA
22
Scrabble Score
15
Letters
4
Syllables
10
Unique Chars

Meaning

noun

Control over the market for a product which occurs when a firm gains large benefit from economies of scale, or from a superior business model or product, and is thus able to produce a very large percentage of the total market demand for a given product and unintentionally exclude meaningful competition via price structures.

Inflected Forms

natural monopolies (plural)

Questions

What does natural monopoly mean?
Control over the market for a product which occurs when a firm gains large benefit from economies of scale, or from a superior business model or product, and is thus able to produce a very large percentage of the total market demand for a given product and unintentionally exclude meaningful competition via price structures.

How to pronounce natural monopoly

  1. Open the pronunciation page — Open the Speakur entry for “natural monopoly”.
  2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
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