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词汇 market power
释义

Definition of market power in English:

market power

noun
Economics
  • The ability to affect the price or quality of goods or services by dominating the market in either supply or demand.

Origin

Early 20th century; earliest use found in Quarterly Journal of Economics.

Definition of market power in US English:

market power

noun
Economics
  • The ability to affect the price or quality of goods or services by dominating the market in either supply or demand.

Origin

Early 20th century; earliest use found in Quarterly Journal of Economics.

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