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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.

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Kapcsolódó kifejezések

prirodni
Geography; Geophysics

Present in or produced by nature:

monopol
Political systems; General

Control of the market by a single company.

monopol
Sociology; General sociology

A condition where, for a particular product, one firm dominates the world or regional market.

monopol
Energy; General

The only seller with control over market sales.

narcističan
Health care; General

Self-centered, being "in love" with oneself.

narkolepsija
Health care; General

Frequent and uncontrolled desire for sleep.

mučnina
Health care; General

A feeling of sickness in the stomach, sometimes followed by the urge to vomit.

nekroza
Health care; General

Death of a cell or tissue.

novotvorevina
Health care; General

A new growth, tumor.

nefrektomija
Health care; General

Surgical removal of a kidney.

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