Overview

monopoly profit


Related Overviews

 

'monopoly profit' can also refer to...

 

More Like This

Show all results sharing this subject:

  • Economics

GO

Show Summary Details

Quick Reference

Profit in excess of normal profit earned by a firm that is able to exploit monopoly power. A firm earns monopoly profit by pricing above marginal cost. Monopoly profit is therefore indicative of a deviation from economic efficiency.

Subjects: Economics.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.