monopoly price

简明释义

垄断价格

英英释义

The price set by a monopolist, which is higher than the competitive market price, allowing the monopolist to maximize profits by restricting output.

由垄断者设定的价格,通常高于竞争市场价格,使垄断者通过限制产量来最大化利润。

例句

1.The government intervened to regulate the monopoly price of utilities to protect consumers.

政府干预以规范公用事业的垄断价格,以保护消费者。

2.When a firm controls the market, it can dictate the monopoly price without competition.

当一家公司控制市场时,它可以在没有竞争的情况下决定垄断价格

3.In a monopoly, the monopoly price is usually higher than the competitive market price.

在垄断中,垄断价格通常高于竞争市场价格。

4.Consumer advocates argue that the monopoly price for essential goods is harmful to low-income families.

消费者倡导者认为,基本商品的垄断价格对低收入家庭有害。

5.The company was able to set a monopoly price for its unique product, resulting in high profits.

由于其独特产品,公司能够设定垄断价格,从而获得高额利润。

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 for understanding how monopolies operate and affect consumers and the overall economy. When a company holds a monopoly, it can dictate the terms of sale and often charges a higher price than would be possible in a competitive market. The monopoly price is typically higher than the marginal cost of production, leading to increased profits for the monopolist but potentially harming consumers who have fewer choices and must pay more for goods or services.To illustrate this concept, let’s consider a hypothetical scenario involving a pharmaceutical company that develops a unique medication for a rare disease. Because this medication is the only option available, the company can set a monopoly price significantly above what it would cost to produce the drug. Patients in need of this medication have little choice but to pay the higher price, as there are no alternatives available. This situation exemplifies how a monopoly price can create a significant burden on consumers, particularly when essential goods are involved.The implications of monopoly prices extend beyond individual consumers; they can also impact the broader economy. High prices can lead to reduced consumption, which may slow economic growth. Additionally, if consumers are forced to allocate a larger portion of their income to essential goods with monopoly prices, they may cut back on spending in other areas, further affecting economic activity.Governments often intervene in markets to regulate monopoly prices and promote competition. Antitrust laws are designed to prevent monopolistic practices and encourage a healthy marketplace where multiple companies can compete. By breaking up monopolies or preventing their formation, governments aim to ensure that consumers have access to lower prices and better quality products. For instance, the breakup of AT&T in the 1980s is a well-known example of government intervention aimed at reducing monopoly prices in the telecommunications industry.However, regulating monopoly prices can be challenging. Determining the appropriate price level that balances the interests of consumers and businesses requires careful analysis. If prices are set too low, it could discourage investment and innovation, as companies may not find it profitable to develop new products. Conversely, allowing monopoly prices to remain unchecked can lead to consumer exploitation and market inefficiencies.In conclusion, the concept of monopoly price is fundamental to understanding the dynamics of monopolistic markets. It highlights the tension between the need for companies to make a profit and the necessity of protecting consumers from unfair pricing practices. As economies evolve and new technologies emerge, the challenge of managing monopoly prices will continue to be a critical issue for policymakers and economists alike. Ensuring a fair balance between competition and regulation is essential for fostering an environment where innovation can thrive while protecting consumers from the adverse effects of monopolistic pricing strategies.

在经济学中,术语垄断价格指的是由垄断者设定的价格,垄断者是一个市场中的单一卖方,其产品没有接近的替代品。这种定价策略对于理解垄断如何运作及其对消费者和整体经济的影响至关重要。当一家公司拥有垄断地位时,它可以支配销售条款,并且通常会收取高于竞争市场可能的价格。垄断价格通常高于生产的边际成本,这导致垄断者的利润增加,但可能会对消费者造成伤害,因为他们的选择更少,必须为商品或服务支付更高的价格。为了说明这一概念,让我们考虑一个假设场景,涉及一家制药公司,该公司开发了一种治疗罕见疾病的独特药物。由于这种药物是唯一可用的选择,该公司可以将垄断价格设定得远高于生产该药物的成本。需要这种药物的患者几乎没有选择,只能支付更高的价格,因为没有替代品可供选择。这种情况很好地说明了如何通过垄断价格给消费者带来重大负担,尤其是在涉及基本商品时。垄断价格的影响不仅仅限于个别消费者;它们还可以影响更广泛的经济。高价格可能导致消费减少,从而减缓经济增长。此外,如果消费者被迫将更多的收入分配给具有垄断价格的基本商品,他们可能会削减其他领域的支出,进一步影响经济活动。政府通常会干预市场以规范垄断价格并促进竞争。反垄断法旨在防止垄断行为并鼓励健康的市场环境,在这里多家公司可以竞争。通过拆分垄断企业或防止其形成,政府旨在确保消费者能够获得更低的价格和更好的产品质量。例如,20世纪80年代对AT&T的拆分就是政府干预的一个著名例子,旨在降低电信行业的垄断价格。然而,监管垄断价格可能面临挑战。确定适当的价格水平,以平衡消费者和企业的利益,需要仔细分析。如果价格设定得太低,可能会抑制投资和创新,因为公司可能会发现开发新产品不具盈利性。相反,允许垄断价格保持不变可能会导致消费者遭受剥削和市场效率低下。总之,垄断价格的概念对于理解垄断市场的动态至关重要。它突显了公司盈利需求与保护消费者免受不公平定价实践之间的紧张关系。随着经济的发展和新技术的出现,管理垄断价格的挑战将继续成为政策制定者和经济学家关注的关键问题。确保在竞争与监管之间取得公平平衡,对于促进创新蓬勃发展,同时保护消费者免受垄断定价策略的不利影响至关重要。

相关单词

monopoly

monopoly详解:怎么读、什么意思、用法