You are here

What are the Different Types of Monopoly ?

Information on Different types of Monopoly are as follows. So let us find out some points on various types of monopoly. Also there are various advantages and disadvantages of monopoly which explains more about monopoly

Types of Monopoly are:

  1. Natural Monopoly : The monopoly which can arise due to economies of scale, and the economies of scale can arise due to natural demand and natural supply.
  2. Local Monopoly : This kind of monopoly exist in a limited geographic area.
  3. Regulated Monopoly : In this type of monopoly the behavior of the firm or organization is overseen by the government entitiy.
  4. Monopoly Power :Having power to set prices, Market power.
  5. Monopolization : It is considered as an attempt by any firm or organization to dominate a market or bacome a monopoly.
  6. Perfect Monopoly : There is not a single competitor in perferct competition , absolutely zero level of competition.
  7. Imperfect Monopoly : Overhere product may or may not have a remote substitute so there is always fear of competition to some extent.
  8. Private Monopoly : In this kind of monopoly the production owned, managed or controlled by the private body.
  9. Public Monopoly : In this kind of monopoly the production is controlled, owned and managed by the government . It is similar to regulated monopoly.
  10. Simple Monopoly : Here there is single price for all customers.
  11. Economic Monopoly : Monopoly is created due to super effeciency of a particular player in the market.
  12. Regional Monopoly : This monopoly is created by the geographic aspects or territoral aspects.
  13. Legal Monopoly : This type of monopoly is ceated by the laws of the country according the public interest. It helps to prevent disparity in the distribution of wealth or if there is any imbalance in growth of the economy.

Tags:

Explore more Information

WHAT OTHERS ARE READING

Process Validation Types Retrospective validation

Retrospective validation is the second type of process validation, some of the points regarding the retrospective validation are given below , so let us check it out one by one:

Retrospective validation is the documented evidence in which the process validation is carried out based on the historical data.

Validation of facilities, process, or processes are carried out based on the available historical data or reports.

This type of approach is rarely used today.

Medicinal Uses of Tulsi Plant in Points

Check out Medicinal Uses of Tulsi plant in Points which are discussed below. So let us find out some points on Medicinal uses to know more about Tulsi Plant.

Medicinal Uses of Tulsi Plant are :

Tulsi has ability to cure many types of fever because tulsi has very potent anti-bacterial, germicidal,antibiotic and fungicidal properties which are great for resolving fevers.

Tulsi plant is also helpful to enhance the immune power of the body.

Tulsi helps to maintain normal body temperature of the body.

Full Form of RTGS

RTGS Full Form - RTGS allows companies, individual or different firms to transfer amount from one account to another on the internet.

It is very fast method of transferring money from one account to another.

RTGS stands for Real Time Gross Settlement.

Full Form of DNB,MBBS

Diplomate of National Board  (DNB) is the title awarded by National board of examination.(Other full form and meaning of DNB are also available) So check it out other articles related to the given term.

MBBS ::Bachelor of Medicine, Bachelor of surgery (Degree awarded by medical school ).

PQ to SMF terms

The List of Abbreviations used in Pharmaceutical Industry

Check out more information of related terms

In Chapter number nine of the list of abbreviations used in pharmaceutical Industry you will get some of the other words used in pharma industry which are given below.

Full Form of NA

NA - Not Applicable

Other full form of NA are Nucleic Acid, North America,National Association and Sodium.

so let us find out other meaning of the given terms.

Check it out other similar terms on this site.