What is another word for monopoly profit?

Pronunciation: [mənˈɒpəli pɹˈɒfɪt] (IPA)

Monopoly profit is a term used to describe the excessive profits earned when a firm or company has complete control over a market. This profit is often portrayed in a negative light, as it can represent a lack of competition in the market, leading to inefficiency, high prices, and reduced consumer choice. Synonyms for monopoly profit include excessive profits, extra profits, windfall profits, supernormal profits, and abnormal profits. These synonyms are often used interchangeably to describe the same concept, and their usage can vary depending on the context and the industry involved. Despite the negative connotations, monopoly profits can represent a significant edge for firms, allowing them to invest in research and development, and expand their operations.

What are the hypernyms for Monopoly profit?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Word of the Day

in distress
If you're in need of alternative words for "in distress," don't fret. You can use "in agony" to describe a great deal of physical or emotional pain. If you're feeling overwhelmed o...