monopoly price
简明释义
专卖价格
英英释义
The price set by a monopolist, which is higher than the competitive market price due to the lack of competition. | 由垄断者设定的价格,由于缺乏竞争,该价格高于竞争市场价格。 |
例句
1.Regulators are concerned about companies that can maintain a monopoly price 垄断价格 without competition.
监管机构对能够在没有竞争的情况下维持monopoly price 垄断价格的公司表示担忧。
2.The government intervened to prevent the monopoly price 垄断价格 from harming consumers.
政府介入以防止monopoly price 垄断价格对消费者造成伤害。
3.Consumers often suffer when a monopoly price 垄断价格 is established in the market, as they have no alternative options.
当市场上建立了monopoly price 垄断价格时,消费者往往会受到影响,因为他们没有其他选择。
4.In a free market, monopoly prices 垄断价格 are usually seen as a sign of market failure.
在自由市场中,monopoly prices 垄断价格通常被视为市场失败的标志。
5.The company was able to set a monopoly price 垄断价格 for its patented drug, significantly increasing its profits.
这家公司能够为其专利药物设定一个monopoly price 垄断价格,显著提高了利润。
作文
In the world of economics, the term monopoly price refers to the price set by a monopolist, a single seller in a market that has no close substitutes for its product. This pricing strategy is crucial to understand as it reflects the power dynamics between suppliers and consumers. A monopoly exists when a company or entity has exclusive control over a particular product or service, enabling it to dictate prices without competitive pressures. The implications of this can be significant for consumers, who may face higher prices due to the lack of competition. When a firm sets a monopoly price, it typically does so at a level that maximizes its profits. This price is often higher than what would prevail in a competitive market, where multiple firms vie for consumer attention and business. In a competitive environment, prices are driven down as companies strive to attract customers, leading to what economists call 'equilibrium price.' However, in a monopoly situation, the absence of competition allows the monopolist to charge a premium.One of the primary reasons why monopolists can maintain a monopoly price is the barriers to entry that prevent other firms from entering the market. These barriers can take many forms, including high startup costs, regulatory restrictions, or control over essential resources. For example, a utility company might have a monopoly over electricity in a region because it has invested heavily in infrastructure that new competitors cannot easily replicate. This lack of competition allows the utility to set prices that may not reflect the true cost of production or the value to consumers.The effects of a monopoly price on consumers can be profound. Higher prices can lead to decreased consumer surplus, which is the difference between what consumers are willing to pay and what they actually pay. When prices rise due to monopolistic practices, consumers either pay more or reduce their consumption, leading to welfare losses in the economy. Additionally, the lack of competition can stifle innovation, as monopolists may have less incentive to improve their products or services when they do not face pressure from rivals.Governments often intervene in markets where monopolies exist to protect consumers from the negative effects of monopoly price setting. This intervention can take various forms, such as antitrust laws that promote competition, price controls, or even the nationalization of certain industries. The goal is to create a more balanced market where consumers have choices and can benefit from competitive pricing.In conclusion, understanding the concept of monopoly price is essential for grasping the dynamics of market power and its implications for consumers and the economy. Monopolies can lead to higher prices, reduced consumer welfare, and less innovation, making it crucial for regulatory bodies to monitor and manage these market structures. By fostering competition and preventing monopolistic practices, societies can ensure fairer pricing and better outcomes for consumers. Ultimately, the study of monopoly price highlights the importance of economic structures and their impact on everyday life, reminding us of the delicate balance between supply, demand, and consumer rights.
在经济学的世界中,术语垄断价格指的是垄断者设定的价格,即在市场中没有其产品的近似替代品的单一卖方。这一定价策略至关重要,因为它反映了供应商与消费者之间的权力动态。当一家公司或实体对某一特定产品或服务拥有独占控制权时,就会形成垄断,使其能够在没有竞争压力的情况下决定价格。这种情况对消费者的影响可能会很大,因为由于缺乏竞争,他们可能面临更高的价格。当公司设定垄断价格时,通常是为了最大化其利润。这个价格往往高于竞争市场中的价格,在竞争市场中,多家公司争夺消费者的关注和业务。在竞争环境中,价格随着公司努力吸引客户而被压低,导致经济学家所称的“均衡价格”。然而,在垄断情况下,缺乏竞争使得垄断者能够收取溢价。垄断者能够维持垄断价格的主要原因之一是阻碍其他公司进入市场的壁垒。这些壁垒可以采取多种形式,包括高昂的启动成本、监管限制或对基本资源的控制。例如,一家公用事业公司可能在某个地区对电力拥有垄断,因为它在基础设施上进行了大量投资,新的竞争者无法轻易复制。这种缺乏竞争使得公用事业公司能够设定价格,这些价格可能并不反映生产的真实成本或消费者的价值。垄断价格对消费者的影响可能是深远的。更高的价格可能导致消费者剩余减少,即消费者愿意支付的价格与他们实际支付的价格之间的差额。当由于垄断行为价格上涨时,消费者要么支付更多,要么减少消费,从而导致经济中的福利损失。此外,缺乏竞争可能抑制创新,因为当垄断者没有来自竞争对手的压力时,他们可能缺乏改善产品或服务的动力。政府通常会干预存在垄断的市场,以保护消费者免受垄断价格设定的负面影响。这种干预可以采取多种形式,例如促进竞争的反垄断法、价格管制,甚至某些行业的国有化。目标是创造一个更加平衡的市场,让消费者有选择权,并能从竞争定价中受益。总之,理解垄断价格的概念对于掌握市场力量动态及其对消费者和经济的影响至关重要。垄断可能导致价格上涨、消费者福利减少以及创新不足,因此监管机构监控和管理这些市场结构至关重要。通过促进竞争和防止垄断行为,社会可以确保更公平的定价和更好的消费者结果。最终,研究垄断价格突显了经济结构及其对日常生活影响的重要性,提醒我们在供需与消费者权利之间保持微妙平衡。
相关单词