Экономические тексты с переводами / перессказ 111 112

1.Pure monopoly is a theoretical market

structure where there is only one

Seller.

2. Monopolies may begin by the granting

of a patent or a copyright, by the possession

of a superior skill or talent, or by the ownership

of strategic capital.

3. The huge capital investment necessary

to organise a firm in some countries is a barrier

to entry in these monopolistic fields and, thus,

provides established corporations with potential

monopoly power.

4. The U.S. Government has tried to minimise the

danger of monopolies through legislation.

5.Competition is universal in the world of business.

6. Businesses do not compete only in selling things.

They compete for la­bour, capital, and natural resources.

7. If a business is going to survive in the face of competition,

it needs a con­stant flow of new ideas. It needs managers who

are good at developing new products, finding new ways to reduce costs.