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No, monopoly is about being the only one doing something, not about "marketing organization". If you invent the first bicycle and nobody else makes them then y
by corin_ 11y ago
No, monopoly is about being the only one doing something, not about "marketing organization".
If you invent the first bicycle and nobody else makes them then you do indeed have a monopoly on the bicycle market. The difference is just that we define "bicycle" as the market, not "5-wheeled bicycle".
- marrs 11y agoor a pentacycle :) https://horshamphotography.files.wordpress.com/2014/10/img_5259.jpg https://horshamphotography.files.wordpress.com/2014/10/img_5...
- jevgeni 11y agoThis is the best thing ever.
- jevgeni 11y agoMonopoly, monopsony, oligopoly, etc., are all forms of market organization. This is textbook. [Update] Here we go: https://en.wikipedia.org/wiki/Industrial_organization#Market_structures https://en.wikipedia.org/wiki/Industrial_organization#Market...