monopoly

Where a single institution controls all of the supply for a good in a market.

However, a monopoly cannot last in the long run, unless a barrier to entry exists in the market.

Barriers to entry include:
- control of natural resources or inputs
- economies of scale
- technological superiority
- legal restrictions imposed by governments, including patents and copyrights.

A monopolist maximizes profit by producing a little less than the market equilibrium, driving up the price of the good. This creates a deadweight loss to society, (some mutually beneficial transactions are forgone), which is why a monopoly is discouraged or illegal in many parts of the world.

A local natural gas company would be an example of a monopoly caused by economies of scale.

by Black)Waltz September 20, 2005

monopoly guy

To pull a "monopoly guy" one must be a bit old, bald, a tad chubby, and most importantly, one must have a big white mustache. This results in looking enough like the monopoly mascot man.

Dude, look at that guy! He's so pulling a monopoly guy!

by Flame060 April 2, 2005

Played monopoly

Sexual acts between two people without explicitly saying what happened or denying the fact that anything happened.

"What happened with you and josh last night eyy?"
"Nothing..... just played played monopoly. Don't you worry"

by Djay big penis February 1, 2017

Brick Squad Monopoly

A group of real niggaz coming together to monopolize the game.

I said my necklace iced out, my left wrist iced out. Wacka Flocka best stay out my lane cause I'm thugged out. Young Money Brick Squad Young Money Brick Squad Monopoly

by timeismonkey November 13, 2011

momopolize

what your mom does everyday to try and take all of your free time

My aunt even tries to momopolize what I do...is there no escaping the clutches of adults?

by ooober goober February 23, 2010

Monopoly nazi

Some one who is just to damn good at monopoly.

God, my dad is such monopoly nazi.

by XxomarnewmanxX March 1, 2018

Monopoly miser

When you catch your gay lover putting monopoly pieces in his anus

"I caught carl being a monopoly miser. He had a thimble in his ass"

by Marching powder January 2, 2021