I know what the word means but didn't know of the origin so thank you for making me learn it today :)
I wonder if there's a monopolist in town of a certain product or service. It seems there is none so far which is good :)
I know what the word means but didn't know of the origin so thank you for making me learn it today :)
I wonder if there's a monopolist in town of a certain product or service. It seems there is none so far which is good :)
Yes. Absolutely, Monopoly is not good for buyers.
That's right. Monopolists tend to take advantage of the situation, although not all of them.