Glossary entry

Serbian term or phrase:

monopsani, aligopali, aligopsani

English translation:

Monopsony , Oligopoly, Oligopsony

Added to glossary by Larisa Zlatic, Ph.D.
Feb 9, 2004 03:26
20 yrs ago
Serbian term

monopeani, aligopali i aligopeani

Serbian to English Other Economics
ponovo ekonomski termini. Evo teksta: glavne vrste trzista - monopoli i monopeani; aligopali i aligopeani

Proposed translations

44 mins
Selected

monopoly, monopsony, oligopoly, oligopsony

Monopol - Monopoly
Absolute control of all sales and distribution in a market by one firm, due to some barrier to entry of other firms, allowing the firm to sell at a higher price than the socially optimal price.
Monopson - Monopsony
The existence of only one buyer in a market, forcing sellers to accept a lower price than the socially optimal price.
Oligopol - Oligopoly
A Market characterized by a small number of producers who often act together to control the supply of a particular good and its market price.
Oligopson - Oligopsony
A Market characterized by a small number of large buyers who control all purchases and therefore the market price of a good or service.
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4 KudoZ points awarded for this answer. Comment: "Karen, thank you so very much - you saved my day. I guess the text I had had misspelled words. Best regards, Larisa"
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